After visiting several automobile dealerships, Richard selects the used car he wants. He likes its $11,800 price, but financing through the dealer is no bargain. He has $2,000 cash for a down payment, so he needs a $9,800 loan. In shopping at several banks for an installment loan, he learns that interest on most automobile loans is quoted at add-on rates. That is, during the life of the loan, interest is paid on the full amount borrowed even though a portion of the principal has been paid back. Richard borrows $9,800 for a period of four years at an add-on interest rate of 13 percent. (a)What is the total interest on Richard's loan? (Do not round your intermediate calculations. Round your answer to the nearest whole dollar.) Total interest (b)What is the total cost of the car? (Do not round your intermediate calculations. Round your answer to the nearest whole dollar.) Total cost (c) What is the monthly payment? (Do not round your intermediate calculations. Round your answer to 2 decimal places.)