2. [-/11 Points] DETAILS JMODD8 5.4.007. MY NOTES PRACTICE ANOTHER Wade Ellis buys a new...
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2. [-/11 Points] DETAILS JMODD8 5.4.007. MY NOTES PRACTICE ANOTHER Wade Ellis buys a new car for $16,763.65. He puts 10% down and obtains a simple interest amortized loan for the rest at 11% interest for four years. (Round your answers to the nearest cent.) (a) Find his monthly payment. $ (b) Find the total interest. $ (c) Prepare an amortization schedule for the first two months of the loan. Principal Portion Interest Portion Payment Number Total Payment Balance $ 0 1 $ $ S $ $ 2 $ $ Need Help? Read Watch
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