Question: 4. [-16 Points] DETAILS JMODD8 5.4.013. MY NOTES PRACTICE ANOTHER Investigate the effect of the term on simple interest amortized auto loans by finding the

4. [-16 Points] DETAILS JMODD8 5.4.013. MY NOTES PRACTICE ANOTHER Investigate the effect of the term on simple interest amortized auto loans by finding the monthly payment and the total interest for a loan of $14,000 at 92% interest if the term is the following. (Round your answers to the nearest cent.) (a) three years payment $ total interest $ (b) four years payment total interest $ $ (c) five years payment total interest $ $ Need Help? Read it Watch it

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