answer both a and b

Alternative 1: I can finance this BMW with the BMW dealership of Eugene. BMW of Eugene provides qualified customers, with excellent credit history, financing for up to 60 months on any new 2024 BMW 430i Convertible model with 4.35% APR'. The 2024 BMW 430i Convertible that I have picked has MSRP of $52,950.00, excluding tax, shipment, title, and license. I plan to put a down payment of $1,000 at the beginning and finance the rest of the MSRP with the given APR for 60 months. The dealership also offers a $1,500 credit against the MSRP if I use this alternative (it means that $1,500 off the price). After 5 years, I plan to sell the car. To get an idea of how much I can sell the car for in five years, I looked up the current selling price of a 2019 model of a similar BMW on Auto trader. The 2019 model is currently priced at $24,561. Therefore, assume that I can sell my BMW at the end of 2028 for $24,561. a) Report the cash flow chart of this alternative. APR or annual percentage rate in any loan is the interest rate you should use to calculate the monthly payments of the loan. For example, if you finance for 60 months a $50k BMW with 4%APR, the monthly payment can be calculated using the " m " version of the formula to get C where PV is 50k,m is 12,t is 5 , and r is 0.04 . b) Calculate the net present value of ownership with this alternative, if the discount rate to calculate the net present value of the cash flow is 3.66%. Note that the APR above should be used to calculate the financing payments (the monthly payments) and the discount rate should be used to calculate the present values of the cash flows