Monthly loan payments Personal Finance Problem Tim Smith is shopping for used way. He has found one priced at $28.000. The dealers told Tim that he can come up with a down payment of $6.500, the dealer w finance the balance of the prior over 3 years (36 months). Mit Une four decimal places for the monthly interest rate in all your calculations) Assuming that Tim accepts the dealer's atter what will his monthly (end of month payment amount to? b. Use a financial color or spreadsheet to help you figure out what Ton's monthly payment would be the deser were willing to face the balance of the car price at an annual rate of 3.8%? a. Tim's mothy (end of month payment amount is Round to the newest cent) b. This monthly payment, the deler were willing to finance the balance of the car price at an anu rute 3.8%, would be found to recent)