suppose that you are buying a car and have narrowed down your choices to two options the new car option is the new car costs $$30,000$ and can be financed with four year lian ag $5\mathrm{.}75\%$ ans the used option is a three year old model of the same car costs $$16,000$ and can be financed with a four year loan at $7\mathrm{.}17\%$ what is the difference in monthly payments between financing the new car and used car