Sarah negotiated a price of $25,140.00 for a new Toyota Camry Hybrid Sedan. She is prepared to give a down payment of 15%Her credit union offered her a 5-year amortized loan for the remaining amount at a rate of 2%. How much money will be paid in interest?

What will the monthly payment be?

How much will the car cost, in total?

If she got a simple interest loan at the same interest rate and time, how much would she pay in interest?