Question: Need help, please show work (for both questions) Fritz Benjamin buys a car costing $20800. He agrees to make payments at the end of each

Need help, please show work (for both questions) Fritz Benjamin buys

Need help, please show work (for both questions)

Fritz Benjamin buys a car costing $20800. He agrees to make payments at the end of each monthly period for 4 years. He pays 48% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay. Fritz's monthly payment is S 477.13 (Round to the nearest cent.) Fritz will pay a total ofSi nterest (Round to the nearest cent.)

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