Question: Harrison has two options for buying a car. Option A is1.1%APR financing over48 months and Option B is5.1% APR over48months $1700 cash back, which he
Harrison has two options for buying a car. Option A is1.1%APR financing over48 months and Option B is5.1% APR over48months $1700 cash back, which he would use as part of the down payment. The price of the car is$29,007 and Harrison has saved$2900for the down payment. Find the total amount Harrison will spend on the car for each option if he plans to make monthly payments. Round your answers to the nearest cent, if necessary
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