Check My ebook An auto dealership is atvertising that a new car with a sider price of $34,12% is on sale nr 25,90% payment is made in lt or can be financed #ton interest for 12 months with monthly payment of $474. Note that payments x 5474 por payment 534,123, which the wicker once or the cat. By wwing you to pay for the car in a series of symers (starting one month from now) rather than 25,995 now, the dealers effectively lonning you 25,995. If you choose the financing option, what is the effective strate that the auto dealership is coming on your loan? (Hint: Discount the payments back to current dollars, and we Goal Seed to find the discount rate that makes the net prane value of the payments - $25.995) inter your answer as a percentage. It required, round your awer to one decimale 9.42 Hilde Festes Incorrect