Dave Krug finances a new automobile by paying $5,700 cash and agreeing to make 30 monthly payments of $530 each, the first payment to be made one month after the purchase. The loan bears interest at an annual rate of 12%. What is the cost of the automobile? (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. Monthly Payment Table Values are Based on: = Present Value of Loan = Table Factor Present Value of Loan Cash Down Payment Cost of the Automobile