Question: i will upvote show work please You are given the following elements of a loan: The level-amortizing car loan is repaid by weekly instalments of

i will upvote

show work please

You are given the following elements of a loan: The level-amortizing car loan is repaid by weekly instalments of $200 at the end of each week The loan term is 4 years The loan interest rate is a nominal rate of 10.4% compounded weekly How much interest is paid over the life of the loan? A) $68.01 C) $8,893.53 E) $14,145.90 B) $7,595.44 D) $11,422.22

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