Question 2. You have decided to purchase a new auto. You have visited an auto dealership, picked your dream car, and are planning to pay cash for the car. The salesperson argues that it would be better to borrow the funds. To support this argument, the salesperson uses the attached article from theLos Angeles Times. Your job is to evaluate the sales person’s recommendation.

(a)Calculate the monthly car loan payments if you take out the car loan, and verify that the

numbers for interest paid ($4,779.20) quoted in

the article is correct (within rounding). Also

show that the interest earned ($5,672.56) quoted in the article is correct (within rounding).Why are these numbers not sufficient for deciding which is the best choice?