How could this purchase opportunity be considered arbitrage?

Imagine visiting overseas, where you win the local lottery and can buy any foreign car you wish and will pay full retail price using the local currency, payable in three months. You have determined that you have enough cash at your bank in New York City, which pays 0.35 percent interest per month, compounding monthly, to pay for the car. There are two ways to pay for your car: Analyze the two alternatives presented and make a recommendation on purchasing the car. How could this purchase opportunity be considered arbitrage? Be sure to provide calculations for your recommendation showing the best alternative. What are the advantages of the alternative that you have selected? Respond to at least two of your classmates’ postings.