Chester is under pressure to buy a car quickly and has selected one with help from salesperson Betty. Chester can afford to buy the car in cash but Betty offers him a financing deal. With his good credit rating Chester can get an additional $2,000 off if he signs a 36-month loan with monthly payments and an interest rate of 8.4000% APR, compounded monthly. Chester can pay the remainder of the loan off without penalty after 6 months. Assume that the car costs $42,000, so after the additional $2,000 off the amount financed for the loan is $40,000. Chesters personal discount rate is 4.0000% EAR. Compute a loan amortization schedule: determine the monthly payment.