Question: #2 Derek borrows $40,468.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.18%.

 #2 Derek borrows $40,468.00 to buy a car. He will make

#2 Derek borrows $40,468.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.18%. What will the payments be? not submitted Submit Attempts Romaining: Infinity Answer format: Currench Round to: 2 decimal places. C Derek borrows $42,123.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.39%. After a 16.00 months Derek decides to pay off his car loan. How much must he give the bank? no sud Submit Attempts Remaining: Infinit Answer format: Currency: Round to: 2 decimal places

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