Sally wants to buy a Ford Mustang The MSRP is $26,185 Ford offers a purchase financing plan with no money down and 45 end of month payments of $550. Should she buy the car for cash or take Fords purchase financing? Assume that she has the cash and could invest it to earn 48. Calculate the present value of each alternative and enter your answer as the PV of the cash purchase minus the PV of the financing (mound your answer to two decimal parcel) You have just borrowed $120,000 to buy a new home. The term of the amortized loan is 30 years You have decided to make monthly payments. If the stated (nominal) annual interest rate is 14.75, what is the amount of each of the monthly payments? Round to the nearest whole dollar $1,493 O $1,472 $1.440 $1,515 $1522