I need help with this problem please.

Bob is taking out an amortized loan for $16,000 to buy a new car and is deciding between the offers from two ler He wants to know which one would be the better deal over the life of the car loan, and by how much. Answer each part. [Jo not round intermediate computations, and round your answers to the nearest cent. If necessary, refer to the list of nancial formulas- [a] A sayings and loan association has offered him a Tyear car loan at an annual interest rate of 6.3 Va. Find the monthly payment. X 8 $0 (b) A bank has offered him a 5year car loan at an annual interest rate of 6.3%. Find the monthly payment. $0 (c) Suppose Bob pays the monthly payment each month for the full term. Which lender's car loan would have the lowest total amount to pay off, and by how much? C? Savings and loan association The total amount paid would be 32 I] less than to the bank. O Bank The total amount paid would be 5 I] less than to the savings and loan association