Question: You take out a $ 9 , 0 0 0 car loan that calls for 3 6 monthly payments starting after 1 month at an

You take out a $9,000 car loan that calls for 36 monthly payments starting after 1 month at an APR of 9%. a. What is your monthly payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What is the effective annual interest rate on the loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) c. Now assume the payments are made in four annual year-end installments. What annual payment would have the same present value as the monthly payment you calculated? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
The last two experts was incorrect in Part C. Please help.
The answer for part A is $288.82. The answer for part B is 9.38%

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