A new automobile costs $38,000 in todays dollars. Five years has passed and you are now ready to buy your automobile. The price has increased by the rate of inflation which has averaged 0.125% per month over the last 5 years. Sales tax at the time of purchase is 7.25%. The dealer is offering to finance the purchase of your new automobile at 3% per year for 48 months after a down payment of $5,000. a. Draw your cash flow diagram from your perspective. b. Based on the automobile price at the time of purchase, plus sales tax, less your down payment, what will be your monthly payments if you accept the dealers financing offer?