John is buying a car that cost $24,000. He puts a down payment of $4,000 on the car. He takes out a 4 year loan for the rest that has an interest rate of 5.5%. Find the total amount John will pay for the car. Determine his monthly payments.
His monthly payment will be_____.
Including his down payment, he will pay _____ in total for the car.
Please explain how you got both answers or show your work. If helpful I will put you as brainliest and a five star rating.
