Serena would like to calculate her monthly payment for a car loan. She should . call a bank and talk to a loan officer

multiply the amount of the loan by the APR

use and online calculator or use this formula: P x (J / (1 – (1 + J)N))

use the following formula: I x P/N

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e. g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i. e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?