Dave Krug finances a new automobile by paying $5,800 cash and agreeing to make 20 monthly payments of $470 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 51. EV of $1. PVA of S1, and FVA.of S1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Monthly Payment Table Factor Present Value ot Loan Table Values am Based on n Present Value at Loan Cash Down Payment Cost of the Automobile C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $8,000 each. C&H subsequently borrows more money and agrees to pay it back with a series of four annual payments of $5,000 each. The annual interest rate for both loans is 8%. Find the present value of these two separate annuities (PV of $1. EV of $1. PVA of $1. and FVA of 51) (Use appropriate factor(s) from the tables provided. Round your answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.) Table Factor Amount Borrowed 1 2 Number of Periods First payment Second payment Third payment Fourth payment Fifth payment Sloth payment First Annuity Interest Single Future X Rate Payment 8% $ 8,000 8% 8.000 x 8% 8.000 8% 8,000 X 8% 8.000 8% 8.000 X 3 4 CA 6 Table Factor Amount Borrowed 1 Number of Periods First payment Second payment Third payment Fourth payment Second Annuity Interest Single Future Rate Payment 8% 5 5,000 8% 5.000 8% 5,000 8% 5,000 x 2 3 4