Investigate the effect of the term on simple interest amortized auto loans by finding the monthly payment and the total interest for a loan of $10,000 at 7 and 7/8% interest if the term is the following. (Round all answers to the nearest cent.)

(a) 3 years.

Payment	$
Total interest	$

(b) 4 years.

Payment	$
Total interest	$

(c) 5 years.

Payment	$
Total interest	$