A student buys a used car for 3000 with no money down what, Microeconomics

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A student buys a used car for 3000 with no money down what

Problem

A student buys a used car for $3000 with no money down. She pays for the car in 30 equal monthly payments with interest at 12% per year compounded monthly.

a. What is the monthly loan payment?
b. What is the total Future payment?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: A student buys a used car for 3000 with no money down what

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Microeconomics: A student buys a used car for 3000 with no money down what

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