1. Suppose after you graduate from Algoma University, you find a job that pays you $65,000 a year. Further suppose that after you have your first job, you would like to buy your dream car - Toyota RAV4 -- that you were always longing for. Since you do not have enough saving yet, you plan to take out an automobile loan of $34,152.86 for 60 months at an annual interest rate of 5.29 percent, with payments to be made monthly. What will your monthly payments be? If the interest rate increases from 5.29 percent to 6.45 percent, how much will your monthly payments increase? Instead of 60 months, you decide to pay off your loan in 84 months, what will your monthly payments be if the interest rate remains at 5.29 percent or increases to 6.45 percent? Develop a chart comparing these monthly payments. Show your work.