Car price $-$$$127,710$

Sales car tax$-4\mathrm{.}15\%,5299\mathrm{.}97$

Title cost $-$ $$15$

Registration fee $$35\mathrm{.}75$

license plate fee $$55$

average dealer shipfee$-$ $$599$

Destinationfee $-$ $$1,150$

total cost $$135164\mathrm{.}72$

Finance Rate $4\mathrm{.}99\%$ Apr for $48$ months at $23\mathrm{.}02$ per month

Finance Rate $5\mathrm{.}74\%$ Apr for $48$ months

Down payment $-$ $$13516\mathrm{.}47$

Amount to be financed$-$$$121648\mathrm{.}25$

$1.$ Using the loan formula calculate the monthly payment with a finance rate of $4\mathrm{.}99\%$ apr for $48$ months.

$2.$ Using the loan formula calculate the monthly payment with a finance rate of $5\mathrm{.}74\%$ apr for $48$ months.