Question: The missing information should be how the principle was found of the amount of 35,250$ This answer was used for the problem below (Question C).

The missing information should be how the principle was found of theThe missing information should be how the principle was found of the amount of 35,250$ This answer was used for the problem below (Question C). 35,250 was established from this question: Using the vehicle's selling price, add sales tax of 9.15%. What is the cost of the vehicle, after tax is added? Round to the nearest dollar. Vehicle: 2023 Chevy Equinox, 32,295 MSRP)- In which I got $35,250 which is used as the principal for Question C. All you information you need is in Question C. The loan payment formula for fixed installment loans is used for this problem. PMT= P(r)/(1-(1+r)^(-nt)

My answers to question B. did not match that of the car loan calculator we are allowed to use as a reference. Please show a step-by-step. Please answer questions B. and C. if only 1 question can be answered, please answer question B.

c. (8 points) Pick 2 different time terms for a possible loan. The rate for each time option is given. For your chosen vehicle, complete the chart for the two, time terms you chose. You may use the formulas from class or the online calculator, Car Loan Calculator. Don't pick any online calculator, use this one. Turn in your handwork or computer screenshots of the loan. *Round up to the next lollar for the monthly payment d. (3 points) Compare the rate, length of loan, monthly payment, and total interest on the loan. Describe what happens to the values as the length of the loan changes. Write AT LEAST 2-3 sentences to answer these questions. c. (8 points) Pick 2 different time terms for a possible loan. The rate for each time option is given. For your chosen vehicle, complete the chart for the two, time terms you chose. You may use the formulas from class or the online calculator, Car Loan Calculator. Don't pick any online calculator, use this one. Turn in your handwork or computer screenshots of the loan. *Round up to the next lollar for the monthly payment d. (3 points) Compare the rate, length of loan, monthly payment, and total interest on the loan. Describe what happens to the values as the length of the loan changes. Write AT LEAST 2-3 sentences to answer these questions

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