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You would like to purchase a car with a negotiated price of $$27,000,$ and the dealer offers financing over a $4-$year period at $6\%.$ If

repayments are to be made monthly, at the end of each month, what would be the monthly payments? Calculate using $($a$)$ financial

calculator or $($b$)$ Excel function PV$.($Round answer to $2$ decimal places, e$.$g$.52\mathrm{.}75.$ Round interest rate per month to $4$ decimal places, e$.$g$.$

$1\mathrm{.}2597\%.)$

Monthly payments $