Question: URGENT, PLEASE HELP ASAP! Complete the loan amortization schedule for a car loan that will be repaid over 60 months and answer the following questions

URGENT, PLEASE HELP ASAP!

Complete the loan amortization schedule for a car loan that will be repaid over 60 months and answer the following questions (The details about the loan are shown below):

1. What is your monthly payment?

2. What is the total $ amount of payments made over the life of the loan Car Loan Amortization

Principal Amount: $31,000

Annual Interest rate : 5.80%

Periods Per year: 12

Total Number of payments: 60

Percentage Rate Per Period:

Round the answer to the nearest cent.

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