Dennis Lamenti wants to buy a new car that costs $15,677.23. He has two possible loans in mind. One loan is through the car dealer, it is a four-year add-on Interest loan at 7% and requires down payment of $1,000. The second is through his bank; it is a four-year simple interest amortized loan at 7% and requires a down payment of $1,000. (Round your answers to the nearest cent.) (a) Find the monthly payment for each loan. dealer bank $ 27.29 x $ 310 (b) Find the total interest paid for each loan. $ dealer bank $ 243 x (c) Which loan should Dennis choose? Why? Dennis should choose the car dealer loan since the interest is less Dennis should che the