#2 O Derek borrows $312,623.00 to buy a house. He has a 30-year mortgage with a rate of 5.96%. After making 119.00 payments, how much does he owe on the mortgage? Submit Answer format: Currency: Round to: 2 decimal places. Derek borrows $44,932.00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 6.22 %. What will the payments be? Submit Answer format: Currency: Round to: 2 decimal places.