28) You are interested in leasing a new automobile that costs $32,000. The dealership offers you a special financing rate of 8% APR ( 0.67% per month) for 48 months. Assuming that you do not make a down payment on the auto and you take the dealer's financing deal, then your monthly car payments would be closest to A) $701.10 B) $759.41 C) $745.67 D) $781.21 29) You are considering purchasing a new home. You will need to borrow $310,000 to purchase the home. A mortgage company offers you a 20-year fixed rate mortgage (240 months) at 7% APR. If you borrow the money from this mortgage company, your monthly mortgage payment will be closest to A) $2,401.10 B) $2,459.41 C) $2,345.67 D) $2,403,43