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Question 3 Suppose you want to buy a new Honda. The list price for the car is $17,307. You want to finance the car over

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Question 3 Suppose you want to buy a new Honda. The list price for the car is $17,307. You want to finance the car over 48 months. The Honda dealer is having a special Arbor Day sale and offers you the choice between two deals. Deal 1: Pay list price; 0% APR Deal 2: $1000 discount off the list price; APR of 3.6% compounded monthly. Which deal do you prefer? Justify your

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