In August 2008, a car manufacturing company was offering the choice of a 3.2% loan for 120 months, or $7000 cash back on the purchase of a $27,976 car. (a) If someone took the 3.2% loan offer, how much will the monthly payment be? (b) If someone took the $7000 cash-back offer and can borrow money from their local credit union at 6.6% interest compounded monthly for ten years, how much will the monthly payment be? (c) Which of the two offers is more favorable