Exercise B-9 (Algo) Present value of an annuity LO P3 Dave Krug finances a new automobile by paying $6,800 cash and agreeing to make 30 monthly payments of $490 each, the first payment to be made one month after the purchase. The loan bears interest ot an annual rate of 12%. What is the cost of the outomoblie? (PV of \$1. EV of \$1, PVA of \$1, and EVA. of \$1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.)