Picard wants to buy a motorcycle. The dealer offers a financing package consisting of a 6% APR compounded monthly for a term of 5 years. Picard has budgeted for monthly payments of at most $350. What is the maximum amount that he should finance? How much interest will he pay on the loan? Choose the correct answer for the TVM questions below: Identify the problem type: A. Compound Interest Problem (Lump sum, multiple interest periods) B. Savings Annuity/Sinking Fund (Regular PMT to grow weatith) C. Simple Interest Problem (Lump sum, single interest period) D. Payout Annuity/Amortized Loan (RegularPMT to deplete/payoff an account) Which TVM variable has a 0 value? A. No Variable B. PV C. FV D. PMT What TVM variable is being solved? A. FV B. PMT C. n D. PV Use your TVM solver to complete the answers below: a) The maximum amount Santiago should finance is $ (Do not round until the final answer. Round to the nearest DOLLAR as needed.) b) The total paid for the car under these terms would be $ This includes $ in total interest, (Use the answer from part a to answer part b. Write whole dollar answers.)