please answer

1a and 1b

CH You have decided to buy a used car. The dealer has offered you two options: (FV of $1. PV of $1. FVA of $1, and PVA of S1) (Use the appropriate factor(s) from the tables provided) a. Pay $590 per month for 20 months and an additional $10,000 at the end of 20 months. The dealer is charging an annual interest rate of 24% b. Make a one-time payment of $16,377, due when you purchase the car a 1-a. Determine how much cash the dealer would charge in option (). (Round your final answer to nearest whole dollar) Present value 1-b. In present value terms, which offer is clearly a better deal? Option a Option b The present values of the options are nearly the same