Chapter 2, Section 2.3, Question 07 PEN X Incorrect. NET A certain college graduate borrows 7670 dollars to buy a car. The lender charges interest at an annual rate of 14%. Assuming that interest is compounded continuously and that the borrower makes payments continuously at a constant annual ratek dollars per year, determine the payment rate that is required to pay off the loan in 4 years. Also determine how much interest is paid during the 4- year period Round your answers to two decimal places Payment rate 3238.58 dollars per year Interest paid 5284.32 dollars Click if you would like to Show Work for this questions Open Show Work SHOW HINE LINK TO TEXT Question Attemptsi 1 of 3 used LATER SUBMIT ANSWER by MapleNet DO 30 38 Du FE F F A & $ 1 0 delete 5 6 7 8 9