No Spacing Heading1 Heading 2 Alejandra wants to buy a new Ford car. She sees the following ad: 2016 Ford Fiesta 0% APR for 66 mos. $2,000 Cash Back Your Texas 6. She has negotiated a sales price of $14,580 and she has a $1,000 down payment. She is eligble for the ful S2.000 cash rebate. Her bank has preapproved her for a 60-month car loan at 3.20% a) Assuming Alejandra wants the cheapest overall price, which option should she take? Should she take the 0% financing offer for 66 months from the dealer, or should she borrow the money from her bank at 3.20% to pay the dealer and receive the S2000 cash ette? b) Why should Alejandra make this decision based on overall price, mat monshly payment? 7. Now suppose she is only able to get S950 cash back (with thes20% nnaneng fem her beru Dees this change her decision? Supeose Alejandra can on~ amange nwong at 750% instead of 3 20% The oash rebate remans at 2,000. Does this change her initial decision? & 9 8 5 4