value: 10.00 points Don James purchased a new automobile for $11,000. Don made a cash down payment of $2,750 and agreed to pay the remaining balance in 30 monthly installments, beginning one month from the date of purchase. Financing is available at a 24% annual interest rate. (FVofSL PyofS1. EVAofS1. PVAof $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the amount of the required monthly payment Monthly payment