Kevin purchases a truck for $35, 500 with a down payment of $4,200. The car is financed for five years at a 6% interest rate. Part A: If the factor for monthly payments is 0.0193328, what is the monthly payment for the truck? Part B: How much will Kevin spend when he fills the truck's 25-gallon tank? The average gas price is $2.55 where Kevin lives. Part C: Kevin fills his tank up two times per month. He also spends $750 per year on insurance. If he drives 7, 500 miles in the first year of owning the truck, what is his cost per mile? Show your work.
