If Dave had borrowed $$340$ for one year at an APR of $9$ percent, compounded monthly, what would have been his monthly loan payment? Use Exhibit $1$B$-4.($Do not round your intermediate calculations. Round your final answer to $2$ decimal places. Omit the $"$$$"$ sign in your response.$)$

PMT $

b$.$ What would have been the breakdown between interest and principal of the fifth payment? Use Exhibit $1$B$-4.($Do not round your intermediate calculations. Round your final answers to $2$ decimal places. Omit the $"$$$"$ sign in your response.$)$

Interest $

Principal $Exhibit $1$B$-4$ Present Value of $$1$ Received at the End of Each Period for a Given Number of Time Periods $($an Annuity$)PV=\frac{1-\frac{1}{(1+iP)}}{i}$

$\backslash$table$[[$Period$,1\%,2\%,3\%,4\%,5\%,6\%,7\%,8\%,9\%,10\%,11\%,12\%$