Easton has two options for buying a car. Option A is1.4% APR financing over48months and Option B is5.5% APR over48months with$2400cash back, which he would use as part of the down payment. The price of the car is$37,058 and Easton has saved$3700for the down payment. Find the total amount Easton will spend on the car for each option if he plans to make monthly payments. Round your answers to the nearest cent, if necessary.

Option A- $

Option B- $

Answer rating: 100% (QA)

To calculate the total amount Easton will spend on the car for each option we need to consider the f... View the full answer