You are an officer of a commercial bank and wish to sell one of the bank's assetsa car loanto another bank. Using the following equation, compute the price you expect to receive for the loan if the annual interest rate is 6 percent, the car payment is $430 per month, and the loan term is five years.

Instructions: First, find the monthly rate in decimal form and round to 5 digits. Use that value to calculate the value of the car loan. Enter your final answer as a whole number.

PV=(iC)[1(1+i)n1]=$