Use the following scenario to answer problem #16-19. You are interested in purchasing a new Honda Fit for $15,650. The sales tax in NC is 7%. The dealership informs you that you are eligible for two different financing options, Loan A: finance for 36 months at 0.9% or Loan B: finance for 60 months at 1.9%. In both cases you have a trade in worth $1500 and intend to make a down payment of $500. Find the principal amount (the amount that will be financed) $_______________ QUESTION 17 Refer to the scenario in #16. Suppose you choose Loan A. (a) Find the monthly payment for the Honda Fit if you finance it through Loan A: $ . (b) Determine the total amount you end up paying for this car by financing it through Loan A: $ . (c) Determine the total amount of interest you will end up paying by financing the car through Loan A: $ QUESTION 18 Refer to the Scenario in #16. Suppose you choose Loan B. (a) Find the monthly payment for the Honda Fit if you finance it through Loan B: $ . (b) Determine the total amount you end up paying for this car by financing it through Loan B: $ . (c) Determine the total amount of interest you will end up paying by financing the car through Loan B: $