Question: please answer both the parts a and b While buying a new car, Ronald made a down payment of $900.00 and agreed to make month-end

 please answer both the parts a and b While buying a

new car, Ronald made a down payment of $900.00 and agreed to

please answer both the parts a and b

While buying a new car, Ronald made a down payment of $900.00 and agreed to make month-end payments of $340.00 for the next 5 years and 7 months. If she was charged an interest rate of 5.00% compounded quarterly for the entire term, answer the following, rounding to the nearest cent. Question 15 of 15 a. What was the cost of the car when Ronald purchased it? $17.072 41 Round to the nearest cent b. What was the total amount of interest paid over the term

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