Solve the problem. Round to the nearest cent.A family purchased a new ski boat for $16,500. The loan agency required a  down payment and financed the balance for 36 months with an APR of   Determine the monthly payment for the loan and amount of interest paid.

A. Monthly payment = $465.27; Interest paid = $1569.61
B. Monthly payment = $513.34; Interest paid = $3300.13
C. Monthly payment = $532.40; Interest paid = $2666.40
D. Monthly payment = $461.80; Interest paid = $1444.80


Answer: D

Mathematics

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D.

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B. - 
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D.

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A.
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