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Problem #2: You are considering purchasing a 2021 LX 570 for $86,580. The Lexus dealer is offering 2 options on the purchase: Option 1. Receive

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Problem #2: You are considering purchasing a 2021 LX 570 for $86,580. The Lexus dealer is offering 2 options on the purchase: Option 1. Receive a $6,500 rebate on the price of the car and finance the balance over 5 years at 4% interest Option 2. Finance the vehicle for 60 months at 0% interest. What is the monthly payment for Option 1? What is the total cost of Option 1? What is the monthly payment for Option 2? Which option would you recommend based on total cost of the car? What other factors should you tonsider

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