Big ed’s car dealership is running a special on 2008 trucks. big ed offers financing at a rate of 6.71% on a loan with a term of 36 months, but he requires the customer to make a down payment of 15% of the cost of the vehicle. you are interested in a car crusher truck that costs $25,230. not including the down payment, how much will you pay over the lifetime of the loan?

a.
$27,924.84
c.
$23,735.88
b.
$25,789.32
d.
$21,445.50