(U2.3,Q25) The following table shows annual rates for various types of loans in 2015. Assume monthly payments and compounding periods. Loan Type 30-Year Mortgage 15-Year Mortgage 5-Year Car Loan...

(U2.3,Q25)

The following table shows annual rates for various types of loans in 2015. Assume monthly payments and compounding periods.

You purchased a $25,000 car using a 5-year loan in October 2015. With the same monthly payments, how much could you have financed had you waited until November? (Do not round the payment amount to the nearest cent. Round the final the final amount you could have financed to the nearest cent.)

$ ____

With the same monthly payments, how much could you have financed had you waited until December? (Do not round the payment amount to the nearest cent. Round the final the final amount you could have financed to the nearest cent.)

$ ____