You just turned 30 years old. Your savings and locked-in investment account only have a combined value of $70,000. You decide to take out an auto-loan so you can still purchase your dream car today. The car dealer offers you 2 choices of financing. Choice 1 is a 4 year loan that charges 10% per annum compounded monthly with monthly payments. Choice 2 is a 4 year loan that charges 9.9681% per annum compounded weekly with weekly payments c. What is the monthly payment under choice 1 ? d. What is the weekly payment under choice 2 ? e. Show that both choices have approximately the same effective annual rate. Is the total interest payments under each plan the same? Explain