A private company wants to a buy a pickup truck for their business. They are looking into buying one of the three pickups listed below. The Private company will have to finance the truck monthly until it is paid off. What will be the payments for each individual truck? Monthly? And which formula will you use listed below this.

FINANCIAL FORMULAS: Simple interest(B=prt) or (B=(1+rt), Compounded interest(S=p(1+r/m)^mt, Continuously Compounded(S=pe^rt), Future value ordinary annuity(S=R((1+r/m)^mt-1)/(r/m), Future values annuity(S=R((1+r/m-1)/(r/m)*(1+r/m), Present value annuity(S=R(1-(1+r/m)^-mt)/(r/m)*(1+r/m) or Present value ordinary(S=R(1+r/m)^-mt)?

Dodge ram 1500 is priced at $38,910, with 1.9% financing for 72 months

Chevy 1500 is priced at $28,978, with 5.8% financing for 60 months

Ford F150 is priced at $31,788, with 2.9% financing for 60 months