would places Derek decides to buy a new car The dealership offers him a choice of paying $588.00 per month for 5 years (with the first payment due next month) or paying some amount today. He can borrow money from his bank to buy the car. The bank requires a 4.00% Interest rate What is the most that he would be willing to pay today rather than making the payments? Submit Answer format: Currency Round to. 2 decimal places.