Question: please show all work and clearly label an A,B, and C answer. i have asked this question multiple times and the answers have been cropped
please show all work and clearly label an A,B, and C answer. i have asked this question multiple times and the answers have been cropped out of the response. also please show calculations
You've gotten a job that involves a bit of a commute, and you feel you need to replace your old clunker with a more reliable car. You find a car whose payments you can afford--$15,000 at $345 a month. Whew! The interest rate is 5%. Calculate the first four months' payments, including a. how much interest you are charged that month, b. how much principal you pay off that month, and c. what your remaining balance is after the payment. please show work
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