For every $1,000 you borrow to buy a car, the monthly payment will be $8.07. Find the monthly loan payment for a $17,500 auto loan, rounded to the nearest cent. Type in your numerical answer only; do not type the $ symbol or any words or letters with your answer.

Atextile fiber manufacturer is investigating a new drapery yarn, which the company claims has a mean thread elongation of 12 kilograms with a standard deviation of 0.5 kilograms. the company wishes to test the hypothesis upper h subscript 0 baseline colon mu equals 12 against upper h subscript 1 baseline colon mu less-than 12 using a random sample of n equals 4 specimens. calculate the p-value if the observed statistic is x overbar equals 11.8. round your final answer to five decimal places (e.g. 98.76543).