A bank will lend you $16,000 to buy a car. The loan requires monthly payments and will be fully amortized over 4 years or 48 months. The annual interest rate is 3%. What is the monthly loan payment? Round your answer to 2 decimal places. Please show work

You have $0 savings but plan to open a bank account offering 1.75% annual interest, compounded monthly. If you deposit $100 at the end of each month for the next 10 years and do not make any withdrawals, how much savings will you have at the end of 10 years? Please show work