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newconnect.mheducation.com C - Q&A from Online Tutors - Course Hero App B Homework App B Interactive Presentation Problem 5-47 Low Fina 3 Dave Krug finances a new automobile by paying $5,700 cash and agreeing to make 10 monthly payments of $570 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 EVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" 5 to 4 decimal places.) points Monthly Payment Table Factor Present Value of Loan eBook = Table Values are Based on: Hint Present Value of Cash Down Cost of the References Loan Payment Automobile Mc Graw Hill