Suppose that you decide to buy a car for $29,635, including taxes and license fees. You saved $7000 for a down payment and can get a five-year car loan at
G
P
5.47% Use PMT=
to find the monthly payment and the total interest for the loan.
The monthly payment is $
(Round to the nearest cent as needed.)
The total interest for the loan is $
(Round to the nearest cent as needed.)