Question: payments below $ 3 , 6 0 0 per month and amortize the loan in 4 2 months. ( a ) Find Chuck's monthly payment

payments below $3,600 per month and amortize the loan in 42 months.
(a) Find Chuck's monthly payment (in $ ) with these conditions. (Round your answer to the nearest cent.)
$
Can he pay off the loan and keep his payments under $3,600?
Yes, under these conditions, Chuck will meet his goal.
No, the monthly payment is too high.
(b) What are Chuck's options to get his payments closer to his goal? (Select all that apply.)
try to negotiate a higher interest rate
make a lower down payment
make a higher down payment
try to bargain for a lower sale price
try to negotiate a lower interest rate
try to bargain for a higher sale price cent.)
$
With these conditions, will Chuck be able to pay off the loan and meet his goals?
Yes, under these conditions, Chuck will meet his goal.
No, the monthly payment is too high. Chuck's monthly payment be (in $)?(Round your answer to the nearest cent.)
$
With these conditions, will Chuck be able to pay off the loan and meet his goal?
Yes, under these conditions, Chuck will meet his goal.
No, the monthly payment is too high.
payments below $ 3 , 6 0 0 per month and amortize

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