Question: PLEASE DO BOTH 1) 2) The payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six

PLEASE DO BOTH

answer to the nearest cent as needed. Round all intermediate values to

The payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Hunan bought a car priced at $15,900 for 15% down and equal monthly payments for three years. If interest is 6% compounded monthly, what is the size of the monthly payment? The monthly payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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