Question: You do not need to use Proctor to attempt this assessment task. The test has an automatic timer of 60 minutes. There is a timer

You do not need to use Proctor to attempt this assessment task. The test has an automatic timer of 60 minutes. There is a timer on the right hand side panel. All answers will be automatically submitted at the end of this time limit. Question 2 2 pts A car costing $76,500 can be purchased by paying a $20,000 deposit and no payments for twelve months. Thirteen months from now, you must make your first payment and continue for a total of 48 monthly payments. Calculate the size of each payment if interest is charged at 6% p.a. compounding monthly. $1.415.79 $1.824.85 $1. 90 $1.408.74 $1,907.42

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