You aim to buy a new car and you seek to finance this purchase through a loan. The car's price is 24,000. The car dealership is offering you a 1,000 discount (applied toward the purchase price) and a 7% annual rate loan for 60 months (with payments made at the end of the month). You have also contacted your bank for a car loan. Your bank is offering an interest rate of 5% for 60 months for 24,000. Should you accept the car dealership offer or forgo this offer and the discount, and finance the car purchase through a bank loan @ 5% interest rate? Justify your answer (3 pt).