6. Davis owns a moving business and one of his trucks needs a new transmission along with some other repairs that will cost a total of $4785. He can use his credit card with an annual rate of 15.9% compounded daily that offers 2% cash back on all purchases made on the card or he can sign up with a new card company that is offering a $100 rebate the first time the card is used. This card has an annual rate of 14.2% compounded daily. Which card would be less expensive and by how much less if he can afford to pay back $350 per month? (use your financial application and fill in the appropriate inputs) a. Existing Card (I mark) N = 1% = PMT= PV=- FV = b. New Card (1 mark) N = P/Y = _ C/Y= 1% = PV = PMT= FV = P/Y = _ C/Y=