Assume that once you have $5,000, you purchase a car for $35,000.00 You use the entire $5,000 for a down payment, and take out a loan for the balance of the purchase price of the car. The bank charges the following interest rate for the corresponding months to payoff the loan. Interest Rate Term 6% 36 months 7% 48 months 8% 60 months Which term would you choose for your payment to be closest to $750 per month? months