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I am very confused on how to figure out this problem using my financial calculator. If I borrow $17,800 to buy a car in the

I am very confused on how to figure out this problem using my financial calculator.

If I borrow $17,800 to buy a car in the terms of the loan call for monthly payments for five years at 8.6% interest, compounded monthly, what is the amount of each payment?

Here's what I entered in my financial calculator:

N=60, I= 8.6, FV= 0, PV= -17,800, CPT PMT = 304.51. Is this correct?

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