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After becoming a commercial pilot, Lorna Kao decides to purchase a Cessna 182 for $64,715. Assuming the sales tax is 5.1% of the purchase price,

After becoming a commercial pilot, Lorna Kao decides to purchase a Cessna 182 for $64,715. Assuming the sales tax is 5.1% of the purchase price, find each of the following.

(a) What is the total cost, including sales tax?

(b) If Lorna makes a down payment of 20% of the total cost, find the down payment.

(c) Assuming Lorna finances the remaining cost at an annual interest rate of 7.05% for 10 years, find the monthly payment.

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