An installment contract for the purchase of a car requires payments of $205.46 at the end of each month for 4.75 years. Interests 8% per annum compounded monthly (a) What is the amount franced? b) How much is the interest? () The amous financed in 1 Round the final answer to the nearest cont on needed. Round at intermediate values to wx decimal places as needed.) (b) The rest is $ (Round the final answer to the nearest cant as needed. Round at intermediate values to six decimal places as needed