4. Sami is purchasing a car and and will take out a loan for $35,000. Give units in your answer and round to the nearest cent. (4.1) (6 points) How much will her monthly payments be if she has a 3-year loan with an APR of 6% compounded monthly? Answer: (4.2) (6 points) How much will her monthly payment be if she decides to take out a 5-year loan at 7%. Answer: (4.3) (8 points) Consider the total interest paid with each loan. How much more total interest will Sami pay with the 5-year loan at 7% than with 3-year loan at 6%