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28. A car dealer is offering a 5-year loan (starting today) at 6% on a vehicle costing $35,999 plus $2,000 for dealer preparation (both before

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28. A car dealer is offering a 5-year loan (starting today) at 6% on a vehicle costing $35,999 plus $2,000 for dealer preparation (both before tax of 6.5% ). The deal also has the following terms: no money down and the first payment will occur in two months' time. How much is each monthly payment? A. $782.38 B. $793.75 C. $797.72 D. $817.65

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