20. [-14 Points DETAILS HARMATHAP12 6.5.029 MY NOTES PRACTICE ANOTHER A recent college graduate buys a new car by borrowing $20,000 at 14%, compounded monthly, for years. She decides to pay so instead of the monthly payment required by the loan (a) What is the monthly payment required by the loan? (Round your answer to the best cont.) How much extra did she pay per month Round your answer to the nearest cent) $ (How many 50 payments will she make to pay off the loan? (Round your answer up to the next whole number payments How much will these by paying 1430 per month rather than the red payment (Round your answer to the nearest cont.) Need Help? Show My Work L-/4 Points] DETAILS HAP126.5.029. A recent college graduate buys a new car by borrowing $20,000 A, compounded monthly, for 5 years. She decides to pay $40 instead of the monthly payment required by the loan (a) What is the monthly payment required by the loan? (Round your answer to the nearest cent) 5 How much extra did she pay per month (Round your answer to the nearest cont.) O many 430 payments will she make to pay off the ban(Round your answer up to the next whole number payments How much the save by paying super month rather than the required payment? (Hand your answer to the nearest cant) Need Help? Head