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 todayOR

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)?