Your car dealer is willing to make a loan to you for a new car. The loan terms are monthly payments of exist400 for 5 years. The payments are due on the first day of each month starting with the day you sign up for the loan. If your cost of money is 5% APR, how much can you borrow? exist21, 284.60 exist27, 315.78 exist21, 196.28 exist21, 820.56 exist1, 818.38