Samantha is going to buy a new Dodge Saturn for $20800. After a 5% down-payment the dealership will offer a loan for the remaining value of the car at 3.25% APR for 4 years.

Round all answers to the nearest penny. Use Web Loan Calculator to find some of the answers here.

Didn't you see the answer that Henry posted for you?

http://www.jiskha.com/display.cgi?id=1490357356

Saturn was never made by Dodge, and has not been manufactured since 2009, anyway ....

I will assume you want to find the monthly payment.

i = .0325/12 = .002708333...
n = 48
PV = .95(20800) = 19760

P( 1 - 1.00270833..^-48 )/.00270833.. = 19760

I got P = 439.56

To calculate the answers to this question, we need to use a loan calculator. There are several loan calculators available online, one of which is the "Web Loan Calculator." We can use this calculator to find some of the answers we need.

First, let's calculate the down payment amount. The down payment is 5% of the car's total cost:

Down payment = 5% of $20800 = 0.05 * $20800 = $1040

So, Samantha's down payment is $1040.

Next, we need to calculate the loan amount. The loan amount is the remaining value of the car after the down payment:

Loan amount = Total cost of the car - Down payment = $20800 - $1040 = $19760

Now, we can use the loan calculator to calculate the monthly payments on the loan. We need to input the loan amount, the APR (annual percentage rate), and the loan term (in this case, 4 years) into the loan calculator.

Using the Web Loan Calculator, we can input the following values to calculate the monthly payments:

Loan amount: $19760
Interest rate: 3.25% (APR)
Loan term: 4 years

After inputting these values, we can calculate the monthly payment using the loan calculator. The calculator will give us the monthly payment amount.

Additionally, we can use the loan calculator to calculate the total interest paid over the loan term.

By following these steps and using the Web Loan Calculator, you can find the answers to the specific calculations in this question.