Question: - 2 POINTS CRAUDQL3 4.2.013. MY NOTES | ASK YOUR TEACHER Rounding in the calculation of monthly interest rates discouraged. Such runding can lead to

- 2 POINTS CRAUDQL3 4.2.013. MY NOTES | ASK YOUR TEACHER Rounding in the calculation of monthly interest rates discouraged. Such runding can lead to answers afferent from those presented here. For long-term loans, the differences may be pronounced. To buy a car you borrow $26.000 with a term of five years at an APR of what is your monthly payment (Round your answer to the nearest cent) How much total arest is paid? (Round your answer to the nearest cont.)

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