You are considering buying a new car for $37,000.If you purchase the car you will pay $7,000 of the purchase price as a down payment.Below are two options to choose from.

Option 1:Pay off the amount borrowed to purchase the car with a 5 year loan, and the annual percentage rate (APR) will be 0%.

Option 2:Receive a $2,000 instant rebate.This will lower your loan amount.Pay off the amount borrowed to purchase the car with a 5 year loan, and the annual percentage rate (APR) will be 3.9%.

(A) Which option should you choose?Why?

(B) How much should the rebate be in order to make the two options equal?