Suppose that you are thinking about buying a car and have narrowed down your choices to two options. The new.car option: The new car costs $28.000 and can be financed with a three-year loan at 5.32% The used-car option: A three-year old model of the same car costs $16,000 and can be financed with a three-year loan at 6.97% P What is the difference in monthly payments between financing the new car and financing the used car? Use PMT- n nl CHE The difference in monthly payments between financing the new car and financing the used car is $