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Review Question 7 You want to purchase a car with a sticker price of $25,000. The car dealer offers you a $2,000 discount and a

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Review Question 7 You want to purchase a car with a sticker price of $25,000. The car dealer offers you a $2,000 discount and a 48 -month, 8.5% APR compounded monthly, or no discount with a 4.0% APR on a 48-month loan. Which offer is better? Review Question 8 Repeat the problem above, considering an inflation of 4.0%. How does inflation affect the results of the previous problem? (Inflation is reviewed on p. 168 of the textbook.)

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