Exercise 5-23 (Algo) Solving for unknown annuity payment; installment notes [LO5-9, 5-10] Juan purchased a new automobile for $18,000. Juan made a cash down payment of $4,500 and agreed to pay the remaining balance in 30 monthly installments, beginning one month from the date of purchase. Financing is available at a 24% annualinterest rate. Required: Calculate the amount of the required monthly payment Note: Use tables, Excel, or a financiol calculator. Round your final answer to nearest whole dollar amount. (EV of S1. PV ofS1, EVA of \$1. PVA of S1. PVAD of S1 and PVAD of \$1]