You bought a car 2 years ago, taking out a $15,000 loan at a 4.3% interest rate for 5 years. Your monthly payments are $278.29. A. How much will still be owed after making payments for 2 years? I will still owe $9383.02 after making payments for 2 years. B. If the car's value is now $9,500 then how much equity do you have after making payments for 2 years? I will have $232 X* $116.98 in equity after making payments for 2 years.

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