After about 10 months of saving $500 a month, Naresh and Shareen Walia have achieved their goal of saving $5000 for a down payment on a new car. Shareen's new car is priced at $25000 plus 12 percent HST. She will receive a $1000 trade-in credit. on her existing car and will make a $5000 down payment on the new car. The Walias would like to allocate a maximum of $500 per month to the loan payments on Shareen's new car. The annual interest rate on a car loan is currently 7 percent compounded monthly. They would prefer to have a relatively short loan maturity but cannot afford a monthly payment higher than $500. The couple is considering monthly loan maturity options of 36 months, 48 months, and 60 months. The couple have asked you to help Them figure out the total cost of financing the loan under each loan maturity option. What would be their monthly car loan payment under each option? How much are their total payments? How much interest would they pay? Based on your analysis, advise the Walias on the best loan maturity for their needs