Sam hopes to buy a new car in 6 months from now. He has $20000. The New car costs 21000, plus 500 freight and 1000 for remote starter and keyless entry. He has to pat tax of 13% also. He can easily invest his money with a private lender at 6.5%. Which of the followig is not true for Sam.

	1.	The Price of the caar is $25425 including taxes
	2.	He will not be able to afford the car if he can not get $5425 as interest income.
	3.	He should invest for at least 100 months to afford the car.
	4.	He can earn only $650 as interest income at given rate.