A Dodge truck is purchased for $39,000 paying $5,000 down and the remainder in equal monthly payments over 4 years at 2% cm. The purchaser misses payments 10 to 12 inclusive and then makes a lump sum...

Extracted text: A Dodge truck is purchased for $39,000 paying $5,000 down and the remainder in equal monthly payments over 4 years at 2% cm. The purchaser misses payments 10 to 12 inclusive and then makes a lump sum payment on the date of the 13th payment to bring the loan back to up to date. Calculate the balance of this loan prior to the missed payments. All work must be shown to earn full marks.