Application Time! Jessica would like to buy a new truck, she found the following ad $-$ she has negotiated a sales price and has a down payment. She is eligible for the full cash rebate. Her bank has pre$-$approved her for a loan. Assuming Jessica wants the cheapest overall price, which option should she take? Should she take the financing offer from the dealer, or should she borrow from the bank to pay off the dealer and receive the cash rebate? $(1)$ you will need to pull the data from the "Info Sheet" and $(2)$ solve for the missing information.

Sales Price $$46,585$

Down Payment $$15,000$

Cash Rebate $$10,000$

Bank Loan $-$ Years $6$

Bank Loan $-$ Rate $3\mathrm{.}24\%$

Dealer Option $-$ Years $5\mathrm{.}5$

Dealer Option $-$ Rate $0\mathrm{.}00\%$

Payment $is$ monthly $(12)$