You have decided to buy a used car. The dealer has offered you two options: ( FV of $1,PV of $1,FVA of $1, and PVA of $1 ) Note: Use the appropriate factor(s) from the tables provided. a. Pay $540 per month for 25 months and an additional $12,000 at the end of 25 months. The dealer is charging an annual interes rate of 24 percent. b. Make a one-time payment of $16,507, due when you purchase the car. Required: 1-a. Determine how much cash the dealer would charge in option (a). Note: Round your intermediate calculations and final answer to 2 decimal places. 1-b. In present value terms, which offer is a better deal