A Chevrolet Sonic Hatchback costs $14,785.00. With a 11% down payment, you can have an amortized loan for 8 years at a rate of

Question

A Chevrolet Sonic Hatchback costs $14,785.00. With a 11% down payment, you can have an amortized loan for 8 years at a rate of 4.5%.
What will the monthly payment be?
How much will the car cost, in total?
How much money will be paid in interest?

Kunduz · Accepted Answer

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