3.   On this screen, n = number of monthly payment periods.  
  Therefore, enter 3 x 12 and press l.  I% = annual  
  interest rate, so enter 5.99.  PV = principal or present  
  value.  Enter as 23599 – (23599 x .1) since the value of  
  the car loan is 23599 minus the 10% down payment.   
 Leave PMT at 0 since that is the value being calculated.   
  FV should be 0 since the car will be paid off at the end  
  of the loan.  P/Y should be 12 since there are 12 months  
  in a year.  Therefore, fill in the values as shown on the  
  right and press 
r(PMT).  
 
 
4.  Christina’s car payment is $646.04.  
 
 
.