You are in need of a car. After much research you have decided to purchase a new 2 0 2 3 Toyota Camry. The list price for the car at the local dealership is $ 2 5 , 9 4 5 including tax, title, and license. When you visit the dealership the finance manager provides you with three purchasing options.

Option A: 5 . 6 4 % APR, compounded monthly, for 7 2 months with $ 0 down at the time of purchase

Option B: 0 % APR, compounded monthly, for 4 8 months with $ 1 0 0 0 down at the time of purchase

Option C: 5 . 4 9 % APR, compounded monthly, for 6 0 months with $ 5 0 0 0 down at the time of purchase

For each purchasing option, compute ( with work shown )

the required monthly payment,

the total amount you will have paid for your car, and

for the first loan payment, how much money will go towards interest and how much money will go towards the outstanding balance?