After 24 months, the auto company decided to sell the loan debt to a collection agency. The collection agency purchased the debt at a 6% discount rate. i. How much money did the collection agency pay to take over the loan? In other words, what were the proceeds to the auto company from the sale of the debt? ii. After 60 months, if the collection agency is successful and BPM pays the loan amount, how much will the collection agency earn in profit? After 24 months, the auto company decided to sell the loan debt to a collection agency. The collection agency purchased the debt at a 6% discount rate. i. How much money did the collection agency pay to take over the loan? In other words, what were the proceeds to the auto company from the sale of the debt? ii. After 60 months, if the collection agency is successful and BPM pays the loan amount, how much will the collection agency earn in profit