You want to purchase a new car that is listed for $5000. The dealership offers you a loan that would require a fixed annual payment for four years with 8% annual interest. How much more money will you pay over the life of the loan with the financing plan than if you paid the $5000 up front? (Hint: First, use the TVM function to find PMT) O $1,000.00 $1,388.51 $1,038.42 $1,111.11 O $1,509.60