(c) Find the function of the quadratic cross-sectional model that gives the monthly payment in dollars on $1000 loan, where T months Is the length of the loan and 10% is the interest rate.

(d)Estimate the monthly payments for a 28 month loan at 10% round your answer to the nearest cent

1.5/4 points Previous Answers e table shows monthly payments on a $1000 loan.t Monthly Payments (dollars) per $1000 Loan Monthly Interest (%) 5 6 7 8 9 24 43.87 44.32 44.77 45.23 45.68 46.14 46.61 47.07 Term (months) 36 42 29.97 26.00 30.42 26.46 30.88 26.91 3 1.34 27.38 3 1.80 27.84 32.27 1 28.32 32.74 28.79 33.21 | 29.28 48 23.03 23.49 23.95 24.41 24.89 25.36 25.85 26.33 60 18.87 19.33 1 9.80 20.28 20.76 21.25 21.74 22.24 10 11 12 (a) Is it possible to find a cross-sectional model for monthly payments for a 28- Yes No (c) Find the function of the quadratic cross-sectional model that gives the monthly payment in dollars on a $1000 loan, where t months is the length of the loan and 10% is the interest rate, with data from 24 ts 60. (Round all numerical values to three decimal places.) mt, 10) = dollars Estimate the monthly payments for a 28-month loan at 10%. (Round your answer to the nearest cent.) NOTE: Web Assign is expecting you to use the rounded function that you entered above. We always use the unrounded function in order to minimize intermediate rounding errors. Use the rounded function for this question ONLY