In 2014, some dealers offered two different financing incentives on the Honda Civic. The first option was 0.9% financing for loans from 24 to 36 months, while the second option was 1.9% financing for loans from 37 to 60 months. Suppose that a buyer needed to finance $15,000.

Determine the payment if the buyer chose the 0.9% financing for 36 months. Find the total amount that the buyer paid for this option.

29a. The payment is:

29b. The total time t=0 cost is:

Determine the payment if the buyer chose the 1.9% financing for 60 months. Find the total amount that the buyer paid for this option.

29c. The payment is:

29d. The total time t=0 cost is: