Question: financial calculator inputs would be helpful ex 28 000$ would be PV(present value) 12. Bob bought a new car for $28 000 with a loan

financial calculator inputs would be helpful

ex 28 000$ would be PV(present value)

12. Bob bought a new car for $28 000 with a loan that will be amortized over five years. The best interest rate he got from his bank for the loan was 1.99 per- cent compounded annually. What is Bob's monthly car payment? How much interest was paid in the first car payment? How much interest will be paid over the entire life of the car loan

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