Justin Walton wants to buy a new high-end audio system for his car.The system is

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Justin Walton wants to buy a new high-end audio system for his car.The system is being sold by two dealers in town, both of whom sellthe equipment for the same price: $2000. Justin can buy theequipment from Dealer A, with no money down, by making payments of$119.20 a month for 18 months; he can buy the same equipment fromDealer B by making 36 monthly payments of $69.34 (again, with nomoney down). Justin is considering purchasing the system fromDealer B due tot he lower payment. Find the APR for eachalternative. What do you recommend.

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