Question: Car Loan Amortization Complete the lo an amortization schedule for a car loan that will be repaid over 60 months and answer the following questions

Car Loan Amortization Complete the lo an amortization schedule for a

Car Loan Amortization Complete the lo an amortization schedule for a car loan that will be repaid over 60 months and answer the following questions (The details about the loan are shown below): Correct Answers 1. What is your monthly payment? 2. What is the total S amount of payments made over the life of the loan Enter Answers Here. Interest Paid Principle Paid Payment Beginning No. ament Amunt Ending Balance Balance Loan Input Data Principal Amount Amount $41,000.00 2 Annual Interest Rate 4.20% Periods Per Year Total Number of Payments Percentage Rate Per Period 12 4 60 5 6 7 Grade Car Loan 10 11 Car Loan Soore 12 Total Soore 0.00 13 14 15 16 17 FEEDBACK 18 19 20 21 22 23 24 25 26 27 28 29 30 31

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