Using the formula for an annuity, what would be the monthly payments on a $5-$year fixed$-$rate car loan for $$20,000$ if the effective annual rate is $\mathrm{.}035(3\mathrm{.}5$ percent$)?$ Assume the first payment is exactly one month $(1/12$th of a year$)$ from now. $($The effective monthly rate is thus $(1\mathrm{.}035)(1/12)-1.)$