Question 1 (2 points) Listen If you take out a $ 27,966 car loan that calls for 48 monthly payments at an APR of 12 percent, what is your monthly payment? Your Answer: Answer Question 2 (2 points) Listen A store offers two payment plans. Under the installment plan, you pay 25 percent down and 25 percent of the purchase price in each of the next 3 years. If you pay the entire bill immediately, you can take a 10 percent discount from the purchase price. Which is a better deal if you can borrow or lend funds at a 5 percent interest rate? (The purchase price is $100) Installment Plan Pay In Full