revious Problem Problem List Next Problem point) Rich buys a car for $20,000 and has two options for financing. The dealership offer % compounded monthly for 5-years, or a $5,000 cash rebate. If Rich takes the rebate, ther ebate to the cost of the car and finance the remaining balance with a loan for 5-years at 5.35 monthly through the Tiger's Credit Union. (a) What would Rich's monthly payment be if he takes the 5-year 0% financing? Monthly payment for 5-year 0% financing = $ 333.33 (b) What would Rich's monthly payment be if he takes the $5,000 rebate? Monthly payment with $5,000 rebate = $ (c) Which of the two options is financially better for Rich? Enter either "1" (for Option 1) if the 09- better or enter "2" (for Option 2) if the $5,000 rebate is better. (Do not include the quotation man answer.) Best Option is Option 2