You take out a $7,400 car loan that calls for 36 monthly payments starting after 1 month at an APR of 9%.

a. What is your monthly payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

- monthly payment?

b. What is the effective annual interest rate on the loan? (Do not round intermediate calculations. Enter your answer as a percent

-effective annual interest rate??

c. Now assume the payments are made in four annual year-end installments. What annual payment would have the same present value as the monthly payment you calculated? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

what is annal paynment?