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pendix B 0 Dave Krug finances a new automobile by paying $6,800 cash and agreeing to make 30 monthly payments of $490 each, the first

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pendix B 0 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 at an annual rate of 12%. What is the cost of the automobile? (Py of 51. FV of 51, PVA Of 51. and EVA of Si) (Use appropriate factor(s) from the tables provided. Round "Table Factor to 4 decimal places.) Monthly Payment Table Factor Present Value of Loan Table Values are Based on: Present Value of Cash Down Payment Cost of the Automobile

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