Question 17 (3.5 points) You plan to buy a car that has a total drive-out" cost of $26,500. You will make a down payment of $2,120. The remainder of the car's cost will be financed over a period of 6 years. You will repay the loan by making equal monthly payments. Your quoted annual interest rate is 12% with monthly compounding of interest. (The first payment will be due one month after the purchase date.) What will your monthly payment be? $471.91 $476.63 $494.15 $557.90 $444.08