You are purchasing a new car for $27,600. The dealership offers you three options: - 0\% financing: 0 down and 0% financing for 48 months. - Rebate: 0 down. If you choose the rebate, you will need to secure a loan for the balance at your local bank. - Down payment: Make a down payment of 5% or more and get financing at 1.5% compounded monthly for 48 months. Suppose you make a down payment of 10% of $27,600 and finance the rest at 1.5% compounded monthly for 48 months. How much interest do you pay over the life of the loan? Round to the nearest dollar