Find the monthly payment and estimate the remaining balance

Last updated: 8/12/2022

Find the monthly payment and estimate the remaining balance (to the nearest dollar). Assume interest is on the unpaid balance. 30-year car loan for $230,000 at 3.41%; remaining balance after 20 years. A. The monthly payment is $2,057.61, and the remaining balance is $615,069. B. The monthly payment is $8,008.98, and the remaining balance is $541,282. C. The monthly payment is $1,021.28, and the remaining balance is $103,720. D. The monthly payment is $1,021.28, and the remaining balance is $177,507.