assignment Submission & Scoring Assignment Submission For this assignment, you submit answers by questions, Assignment Scoring Your best submission for each question part is used for your score. 16. [-/1 Points) DETAILS CRAUDOL3 4.2.027A. 0/3 Submissions Used MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER In order to buy a new car, you finance $30,000 with no down payment for a term of five years at an APR of 2%. After you have the car for one year you are in an accident. No one is injured, but the car is totaled. The insurance company says that before the accident, the value of the car had decreased by 25% over the time you owned and the company pays you that depreciated amount after subtracting your $500 deductible What is your monthly payment for this loan? (Round your answer to the nearest cent.) eBook Submit Answer View Previous Question Question 16 of 30 view Next Question c @ Type here to search O IT 3 . EM 1 D % & 7 5 3 8 6 4 9