Question: Davis is considering purchasing a new car for $ 1 3 , 0 0 0 . The dealer is offering 2 options on the purchase:Option

Davis is considering purchasing a new car for $13,000. The dealer is offering 2 options on the purchase:Option 1: Receive $750 rebate on the price of the car and finance the balance over 5 years at 4% interest.Option 2. Finance the vehicle for 6 years at 0% interest but no interest.Question: What is the monthly payment of option 1?Select one:0 a.210.08 b.225.60.246.64

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