Suppose that you just purchased a used car worth $8,000 in today's dollars. Also, assume you borrowed this amount from a local bank at an APR of 9.6% (i, the market or inflated rate), compounded monthly over 2 years. If the general inflation rate is expected to be 0.5% per month during this repayment period, what monthly payments in constant dollars, are equivalent to the series of actual payments to be made over the life of the loan? $367.68 $384.40 $365.85 $345.91 $390.36