You just decided to purchase a new Lexus for $70,000. The bank has offered to finance your entire purchase with a four year loan at 3% interest. You would make one payment at the end of each year for four years. 34. What would be your annual payments? a. b. However, the Lexus dealership has offered you two other alternatives. They will finance the car at 0% interest for four years with four equal payments at the end of each year or they will give you S5,000 off the price of the car and you can finance it through the bank. Clearly, the 0% interest is better than the bank loan. However, how much would you save or lose by taking the S5,000 off the price of the car and financing through the bank