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You take out a loan in the amount of $36,639. Determine the monthly payment, total payment,...

You take out a loan in the amount of $36,639. Determine the monthly payment, total payment, and amount of interest for each of the following.
2% interest for 36 months.
3% interest for 48 months.
4% interest for 60 months.
5% interest for 72 months.
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Answer #1

loom €) - 36639 x 8% = 0.02 ; Time Em) - 36 months - monthly payment px & [ (item 9 pdue to monthst 36639f10.02 [i+ :o 3) 306Total Payment = 811x48 = 38998 Brewer mtrest - 38928 - 36639 2 1289 Answer. 84%) 820.04 Time (n) = 60 months monthly Payment

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