As a young graduate, you have plan to buy your dream car in three years time. You believe that the car will cost $50,000 at that time. You have two sources of money to reach your goal of $50,000. First, you will save money for the next three years in a money market fund that will give return of 8% annually. You plan to invest $5,000 annually to this fund. You will make yearly investments at the BEGINNING of the year. The second source of money will be getting a car loan on the day you buy the car. You anticipate the car dealer to charge you 6% per annum for the loan with monthly compounding for a term of 60 months. To buy your dream car, what monthly car payment will you anticipate? Assume the first payment will be made one month after the car is purchased. (without Excel)