1. Holly is considering purchasing a new car for $30,000. The dealer is offering two mutually exclusive options on the purchase: o Option 1: Receive a $4,000 rebate on the price of the car and finance the balance over 5 years at 6% interest, or o Option 2: Finance the vehicle for 7 years at 0% interest with no rebate. Which of the following options should Holly select if her goal is to minimize the total amount she pays for the car?

   		Option 1 is better.
   		Option 2 is better.
   		Both options cost the same.
   		There is not enough information to answer the question.