Math! Petra is going to buy a new car for $27,500. She is going to finance the amount over 4 yrs. The...?

car's dealership has offered her an interest rate of 11.2% compounded monthly. a) What would her monthly payments be? b) If she decided to buy the car at a year-end inventory clearance sale she would end up paying only 4.9% interest. How much less would she pay per month? c) How much would Petra save... show more car's dealership has offered her an interest rate of 11.2% compounded monthly.

a) What would her monthly payments be?

b) If she decided to buy the car at a year-end inventory clearance sale she would end up paying only 4.9% interest. How much less would she pay per month?

c) How much would Petra save in total in total if she bought the car at the end-of-year clearance sale?

thx! plz use formulas
4 answers 4