Instructor-created question Question Help NEW 4-DOOR SEDAN! The ad for a 4-door sedan claims that a monthly payment of $299 constitutes 0% financing. Explain why that is false. If you are charged for financing $16,485 with 72 monthly payments of $299. Zero down -0% financing $299 per month* Buy for $16,485. *4-door sedan, 0% down, 0% for 72 months The advertisement is false, because for 0% financing, the monthly payments should be $, not $299. (Round to the nearest cent as needed.)