Question: Moving to another question will save this response, Question 1 of 11 Question 1 3 points SA You need to borrow $24.2 thousand to purchase

 Moving to another question will save this response, Question 1 of

Moving to another question will save this response, Question 1 of 11 Question 1 3 points SA You need to borrow $24.2 thousand to purchase a new truck, the current loan rate is 6.74 APR. The terms of the loan call for you to pay off your loan in equal monthly payments over 5 years. What is the amount of your monthly payment? Assume monthly compounding, Enter your answer as a number with two decimal places of precision (e. 1.22) Do not enter a dollar sign or comma, Do not enter your answer as a negative number. Question 1 of 11 Moving to another question will save this response. 50 PM // 0

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