Question: Derek borrows $30,031.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.94%. After

Derek borrows $30,031.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.94%. After a 14.00 months Derek decides to pay off his car loan. How much must he give the bank? Currency: Round to: 2 decimal places.

Derek borrows $44,051.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.65%. What will the payments be? Currency: Round to: 2 decimal places.

Derek borrows $293,789.00 to buy a house. He has a 30-year mortgage with a rate of 5.70%. After making 94.00 payments, how much does he owe on the mortgage? Round to: 2 decimal places.

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