BUXMAN You want to purchase an automobile for $28,500. The dealer offers you two options. Option 1 is 0% financing over 60 months. Option 2 offers a $6,000 rebate at 6.2% financing for 60 months. Which option would you choose? Explain your reasoning. A) Identify aspects of each financing option. Option 1 Amount of money financed Interest rate Length of term Option 2 Amount of money financed Interest rate Length of term B) Compute the monthly payments for each option. Show work in the below work area. Option l's monthly payments will be Option 2's monthly payments will be MACRO Work Area Option 1 N- Please show work to justify your calculations for each option. Option 2 OR Alternate method work N A PV Pmt FV P/Y PV = Pmt FV P/Y C) Compare the total amount of money you will pay over the life of the loan. Option I will cost over the life of the loan. Option 2 will cost over the life of the loan. Work Area Please show work to justify your calculations for each option Option 2 total calculation Option 1 total calculation: D) Which option will you choose? Justify your decision in a complete sentence within the context of the problem. Please be specific English (United States Focus