NEED HELP! (These 3 question are all connected to each other)
1. The widget that you have to have otherwise you could never show yourself in public again costs $1000. You will put a 30% down payment and then pay $20 a month over 3 years. What is the interest you will pay?
2. This scenario will apply to Question 2 and 3. You take a loan out for $15,000 at an interest rate of 3.2% for 5 years. What is the monthly payment?
3. What is the total interest on the loan?
