Saved Help Dave Krug finances a new automobile by paying $5,600 cash and agreeing to make 30 monthly payments of $400 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? (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. Monthly Payment Table Factor $ 400 Table Values are Based on: n = 30: Mc Graw Hill Present Value of Loan Present Value of Loan Cash Down Payment Cost of the Automobile 5,600 ! 1 @ 2 F2 DEC 3 80 F3 #3 tv A MacBook Air DOD ODD FA % 95 F5 6 $ 4 Q W E R T Y A S Z X D FL G 87 & H F7 U * 8 8 9 J - F9 K 10 F10 P B F11 L C V B N V >> M V