Question: STS: PAYDAY LOANS PART 2 NAME BLOCK PART FOUR: Linear Modeling Practice You're buying a car---congratulations! That'll be $20,000. If you can't pay the full

STS: PAYDAY LOANS PART 2 NAME BLOCK PART FOUR: Linear Modeling Practice You're buying a car---congratulations! That'll be $20,000. If you can't pay the full price up front, you'll have to get a loan and pay it back in installments. Here are possible plans that you can choose from: Loan Plan Monthly Total Cost Payment A. Pay up front $20,000 B. 12 months $1,716.67 C. 24 months $883.34 D. 36 months $605.56 5. Let's explore which plan we should choose: a. Without doing any calculations, which loan plan would you take? Briefly explain your choice

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