Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Derek Williams purchased a new car for $28,750. He made a $5,000 down payment and financed the balance at his bank for 3 years. What payments are required at the END of every month, at 18% interest, to pay off the loan?

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The Answer of Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Derek Williams purchased a new car for $28,750. He made a $5,000 down payment and financed the balance at his bank for 3 years. What payments are required at the END of every month, at 18% interest, to pay off the loan?

Use Tables 12-1 and 12-2 from Your Text to Answer