Dave Krug finances a new automobile by paying $6,300 cash and agreeing to make 30 monthly payments of $590 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) (Use appropriate factor(s) from the tables provided. Round PVA factor to 4 decimal places.) Answer is complete but not entirely correct. Monthly Payment Table Factor Present Value of Loan 0.1200 = $ 70.80 590 x Table Values are Based on: 30 1% Present Value of Loan $ 70.80 Cash Down Payment $ 6,300 Cost of the Automobile 446,040.00 x = $