A firefighter for the National Park Service has a 5-year car loan for which the monthly...

A firefighter for the National Park Service has a 5-year car loan for which the monthly payment is $610.46 with an annual interest rate of 4.75% compounded monthly. After making 36 payments, the firefighter decides to trade in the car for a new car. Calculate the amount (in dollars) the firefighter still owes on the car. (Round your answer to the nearest cent. See Example 3 in this section.)

(PLEASE WORK IT OUT FOR ME IM SO CONFUSED)

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!! PLEASE VOTE THUMBS UP !!

Colby Messinger answered 1 year ago

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