Question: Please help me solve for all the cells highlighted in light blue. Thank you 8. You have just taken a car loan of $15,000. The

Please help me solve for all the cells highlighted in light blue. Thank you 8. You have just taken a car loan of

Please help me solve for all the cells highlighted in light blue. Thank you

8. You have just taken a car loan of $15,000. The loan is for 48 months at an annual interest rate of 15% (which the bank translates to a monthly rate of 15%/12=1.25% ). The 48 payments (to be made at the end of each of the next 48 months) are all equal. 1. Calculate the monthly payment on the loan

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