You want to buy a new car which has a list price of $45,000. Dealer A offers you 48-month financing with equal monthly payments at 15% per year...

You want to buy a new car which has a list price of $45,000.Dealer A offers you 48-month financing with equal monthly payments at 15% per year compounded quarterly. Find your monthly payment.Dealer B offers the same terms as dealer A and a special promotion: interest free for the first year. If dealer B also requires equal monthly payments for the next 48 months, what is the monthly payment?If your opportunity cost of capital is 18% per year, what is the value of dealer B’s special promotion?