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Solve the following problem. n = 16; i = 0.021; PMT = $265; PV = ? PV = $ (Round to two decimal places.) E-Loan, an online lending service, recently offered 48-month auto loans at 4.2% compounded monthly to applicants with good credit ratings. If you have a good credit rating and can afford monthly payments of $340, how much can you borrow from E-Loan? What is the total interest you will pay for this loan? You can borrow $ (Round to two decimal places.) You will pay a total of $ in interest. (Round to two decimal places.) If you buy a computer directly from the manufacturer for $3,312 and agree to repay it in 60 equal installments at 1.61% interest per month on the unpaid balance, how much are your monthly payments? How much total interest will be paid? Your monthly payment is $ . (Round to two decimal places.) The total interest paid is $ . (Round to two decimal places.)