11:58 Expert Q&A The price of a car you are interested in buying is $93.1k You negotiate a 6-year loan, with no money down and no monthly payments during the first year. After the first year, you will pay $1.3k per month for the following 5 years, with a balloon payment at the end to cover the remaining principal on the loan. The annual percentage rate (APR) on the loan with monthly compounding is 5%. What will be the amount of the balloon payment 6 years from now? Note: The term "K" is used to represent thousands (x $1,000). Required: Suppose the loan has initially been paid in full (without a balance due at maturity), the amount would have totaled $37k Calculate the absolute percentage difference between the fully amortized loan and the balloon payment % Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places (for example: 28.31%). Done