A friend of yours just bought a new sports car with a $5500 down payment, and her $32,000 car loan is financed at an interest rate of 0.75% per month for 36 months. After 2 years, the "Blue Book" value of her vehicle in the used-car marketplace is $10,000.
a. How much does your friend still owe on the car loan immediately after she makes her 24th payment?
b. Compare your answer in Part (a) to $10,000. This situation is called being "upside down." What can she do about it?
Please show working and round to 3 decimal places