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You have just taken out a $ 15,000 car loan with a 4 %​APR, compounded monthly....

You have just taken out a $ 15,000 car loan with a 4 %​APR, compounded monthly. The loan is for five years. When you make your first payment in one​ month, how much of the payment will go toward the principal of the loan and how much will go toward​ interest?

When you make your first​ payment,......will go toward the principal of the loan and ..... will go toward the interest.  ​(Round to the nearest​ cent.)

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