Landon Wallin is an auto mechanic who wishes to start his own business. He will need $

$4700$

$$to purchase tools and equipment. Landon decides to finance the purchase with a

$36$

$$month ixed installment loan with an APR of

$5$

$\%$ a$)$ Determine$$ Landon's finance charge.

$$b$)$ Determine$$ Landon's monthly payment.