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Laura plans to purchase a new SUV The dealer requires a 10 down payment on...

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Basic Math

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Laura plans to purchase a new SUV The dealer requires a 10 down payment on the 38 000 vehicle Laura will finance the rest of the cost with a fixed rate amortized auto loan at 5 annual interest with monthly payments over 6 years Complete the parts below Do not round any intermediate computations Round your final answers to the nearest cent if necessary If necessary refer to the list of financial formulas a Find the required down payment 0 b Find the amount of the auto loan 0 c Find the mont S payment X

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