You would like to purchase a car with a negotiated price of $39,000, and the dealer offers financing over a 4-year period at 6%. If repayments are to be made monthly, at the end of each month, what would be the monthly payments? Calculate using (a) financial calculator or (b) Excel function PV. (Round answer to 2 decimal places, e.g. 52.75. Round interest rate per month to 4 decimal places, e.g. 1.2597%.) Monthly payments $

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