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Use the following to answer questions 2527 You want a new car. At the dealership, you find a car that you like. The dealership gives

image text in transcribed Use the following to answer questions 2527 You want a new car. At the dealership, you find a car that you like. The dealership gives you two payment options: 1. Pay $23,000 in cash for the car today...OR 2. Pay $370.41 at the end of each month for six years at 5%(0.41667% monthly for 72n). 25. \$ How much CASH (in total) will you end up paying if you choose to make monthly payments for the car? 26. $ How much interest (in total) will you pay if you choose to make payments instead of paying cash for the car today? 27. $ How much interest has accrued by the time the first car payment is due (round to two decimal places)

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