Q W tab E 20 R T Y U O P A S S D cops lock F G H L 171 Hannah is thinking about buying a sailboat. The dealer has offered her three options. Option 1: She can pay $30,000 for the boat, no money down and the rest in 60 equal monthly payments that include interest at 2%, Option 2: She can pay $28,000, 10% down and the rest in 48 monthly payments of interest only at 2%. At the end of 48 months in the second deal, she would pay the balance of the purchase price, $25,200. Option 3: She pays $25,000 for the boat right now. She called her bank and they told her that boat loans currently carry an 8% interest rate. Which is the better deal? Amortize the first five months of each deal