You want to buy a new sports car from Muscle Motors for $$40,000.$ The

contract is in the form of an annuity due for $60$ months at an APR of $8\mathrm{.}00$

percent.

What will your monthly payment be$?$

Multiple Choice

$$765\mathrm{.}40$

$$821\mathrm{.}80$

$$811\mathrm{.}06$

$$789\mathrm{.}57$

$$805\mathrm{.}68$