A car manufacturer is offering the choice of a 0.5% loan compounded monthly for 24 months or $1000 cash back on the purchase of a $18,000 new car. Complete parts (a) throug (c) below. (a) If a car buyer takes the 0.5% loan offer, how much will the monthly payment be? The car buyer's monthly payment will be $ (Do not round until the final answer. Then round to the nearest cent as needed.)