Suppose that you wish to buy a new car that will cost you $60,000. If you must put $10,000 down, and will finance the rest at 4% APR for the next 60 months, paid at the beginning of each month what will your monthly payments be? Suppose that you find out that given your credit, you should have only been charged an EAR of 3%. How much did you overpay because of dealer financing?