Question 3 6 points Save Answer You are financing a car worth $25,363 including tax. The interest rate is 11.6% compounded daily. Payments are monthly and made at the end of the month. You will own the car in 4 years. You have a down payment of $1.215. Calculate the total amount paid for the car if purchased and financed with monthly payments for the length of your financing loan. (Purchase price = down payment + total of all payments made) Round your answer to two decimal places. Do not enter the dollar sign. Sample input: 24562.23 (Hint: Take the down payment off the total worth of the car including tax; this is your PVn. Then, find the monthly payment by hand using the ordinary general annuity formula or use the TVM solver. You will need an interest conversion if you do this question by hand or Excel because we have daily interest but monthly payments, you will need a monthly periodic interest rate. Then find the total value of ALL your monthly payments (e.g., PMT x Total Number of Monthly Payments) and add this to your down payment it will be way more than if you had paid for the car on the spot!)