Vennie has purchased a statue from an artist in Italy. The statue costs $19 750 and the cost to safely ship the statue is $975. He wants the pay off the debt in 4 years with regular monthly payments. He has two options to finance the purchase. Finance the cost through the artist at an interest rate of 20%, compounded monthly, with the incentive that the artist will pay the shipping cost. Finance the cost through the bank at an interest rate of 15.7%, compounded monthly. What is the least amount of interest he can pay? Yu needs a car. He can lease a car for 3 years for $300 per month and a down payment of $4100. He can purchase a new car for $28 000, which would be financed with a bank loan at an interest rate of 5.2%, compounded monthly, and a down payment of $3700. He would pay off this loan with regular monthly payments. He can also rent a car at $75 per day. What is the total cost of renting the car for 3 years?