Track 2 Follow the given steps to find which car you can afford to buy. Decide which car is within your budget. a. b. Select a car you have decided that is within your budget. Let each member of the group compute for the monthly payment for this car using different financing options. Examples of financing options together with the formula are given below. C. Financing Option A B Monthly Payment= d. C D Time (in years) Pr 12 1 3 A 6 12 12+r Interest Rate 4% 6% 8% 12% where P is the principal, r is the interest rate, and n is the number of monthly payments. Calculate the amount of interest paid over the duration of the loan for the best financing option. Write a report to explain your choices. 133​