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4. The new 2021 Toyota Prius is anticipated to be a popular compact car for young adults. Two dealers will offer heavily discounted prices for

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4. The new 2021 Toyota Prius is anticipated to be a popular compact car for young adults. Two dealers will offer heavily discounted prices for the Toyota Prius, but both dealers require each buyer to take out a loan. Dealer "A" is offering the Toyota Prius with a $0 down payment and monthly payments of $390 for a 5-year loan at 4.05% APR (interest). Dealer "B" is offering the Toyota Prius with a $1.000 down payment and monthly payments of $275 for a 6-year loan at 0.5% APR (interest). a) What is the value of the Toyota Yaris today? Dealer "A" Dealer "B" b) What will be the total amount paid on the loan if the consumer finances the car? Dealer "A" Dealer "B" c) How much Interest would a consumer pay if s/he finances the car? Dealer "A" Dealer "B

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