monthly payment = (loan * interest * (1 + interest)^n)/(1 + interest)^n -1
MP = (24295 * 0.0299 * (1 + 0.0299)^48) / (1 + 0.0299)^48 - 1
[tex]\frac{\left(24295*0.0299*1+0.0299^{48}\right)}{\left(1+0.0299\right)^{48}-1}[/tex]
MP = 959.77 is the answer to C
959.77 * 48 = 46068.96 which is the answer to D
