Pick a car that you would like to purchase one day. а. How much does the car cost? b. You plan to pay a 10% down payment and take out a 5-year loan for the rest. How much is the loan amount? с. What...

this is really a basic question please provide neat and clean answer

well detailed answer ill upvote

Extracted text: Pick a car that you would like to purchase one day. а. How much does the car cost? b. You plan to pay a 10% down payment and take out a 5-year loan for the rest. How much is the loan amount? с. What will the monthly payments be if the interest rate is 8%?