You can buy a car that is advertised for $21, 600 on the following terms: (a) pay $21, 600 and receive a $4, 600 rebate from the manufacturer: (b) pay $450 a month for 4 years for total payments of $21, 600, implying zero percent financing. a. Calculate the present value of the payments for option (a) if the interest rate is 1.00% per month. Present value b. Calculate the present value of the payments for option (b) if the interest rate is 1.00% per month. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value c. Which is the better deal? Option b Option a