(Solved): You are purchasing a new truck for $51,000.00, with a down payment of $1,500.00. If the interest r ...

You are purchasing a new truck for $51,000.00, with a down payment of $1,500.00. If the interest rate is 2.7% compounded monthly and you will make monthly payments for 4 years: What is the loan amount? What is the amount of the monthly payment? How much in interest was paid over the length of the loan?