I will be glad if you put the answers. Thank you!

You are negotiating a deal for the purchase of a new vehicle! The sticker price of the vehicle is $21,595. You mention you have a $400/mo budget. The dealer tells you he can give you a 60 month loan at an interest rate of 5.25% APR, with payments of ONLY $395.80!!! Round all answers to the nearest cent. a. What price is he offering for the vehicle? (equivalent cash payment): $ You respectfully decline this offer and offer to pay $20,000 for the vehicle (at 5.25%). b. What would that make the payments be? S The dealer has one final offer for you: $20,300 for the vehicle, only 2.5% APR. Is this a better than $20,000 at 5.25%APR? Option 1: $20,300 @ 2.5% APR Option 2: $20,000 @ 5.25% APR PMT. $ PMT. $ Total Paid: $ Total Paid: $ c. Which option is better