Paste Clipboard Al 12 45 6 7 8 9 10 11 12 13 MHSLDKOS 14 15 16 17 18 19 A Calibri BIU. FH- B Font 1 X fr C Alignment Number Conditional Format as Cell Formatting Table Styles Styles Cost of Car Discount rate # of years # of times compounded per year D Payment Effective interest rate 79,500 5.8% Saved 5 12 EFGHI You want to buy a new sports coupe for $79,500, and the finance office at the dealership has quoted you an APR of 5.8 percent for a 60-month loan to buy the car. What will your monthly payments be? What is the effective annual rate on this loan? Complete the following analysis. Do not hard code values in your calculations. All answers should be positive. Cells J M Editing K L