You agree to finance your new SUV with an auto loan of $38,0…

You agree to finance your new SUV with an auto loan of $38,000. This loan will be repaid over three years with monthly payments (and compounding) at a 4% annual interest rate (0.33% per month). What will your monthly loan payment be? (HINT: You will need to solve for the PYMT in the present value of an annuity formula)