College Mathematics: Leaming Worksheets Chapter 3 4. Another car dealer, figuring interest at 4,66 compounded monthly, offers to sell you a new car if you trade in your car that is worth $8000, pay an additional $1000 down, and agree to pay $500 for the next two years. a) What is the cash value of the car today? b) How much total interest will you pay with this deal? c) Which is a better deal, the one from Problem 3 or from Problem 4? Write a short paragraph to give the advantages and disadvantages of each deal