Question: I Just need help on #2 I know there is a question policy but in order to solve this question you need the info from

I Just need help on #2 I know there is a question policy but in order to solve this question you need the info from #1.

1. You decide to purchase a car for $25,000. The car dealership offers you a loan for 4 years at an interest rate of 2.9%. If payments are to be made monthly, what are your monthly payments for this car? 2. Use the amortization table given below to fill in the first 3 months of an amortization table for the car purchased in question #1 above: Period Payment Interest portion Principal Unpaid balance of payment portion of of loan payment 0 $25,000 1 2 3

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