Goran is taking out an amortized loan for $32,000 to buy a new car and is deciding between the offers from two lenders. He wants to know which one would be the better deal over the life of the car loan, and by how much.

Answer each part. Do not round intermediate computations, and round your answers to the nearest cent.

(a)	A savings and loan association has offered him a 6-year car loan at an annual interest rate of 7.5% Find the monthly payment.

(b)	His credit union has offered him a 6-year car loan at an annual interest rate of 7.2% Find the monthly payment.

(c)	Suppose Goran pays the monthly payment each month for the full term. Which lender's car loan would have the lowest total amount to pay off, and by how much?