CF1 - 10p Question Two years ago you purchased a new SUV. You financed your SUV for 60 months (with payments made at the end of the month) with a loan at 4.5% APR with monthly compounding. Your monthly payments are $550 and you have just made your 24th monthly payment on your SUV. a. What is the amount of your original loan? The amount is $ (answer with two decimals). b. Assuming that you have made all of the first 24 payments on time, what is the outstanding principal balance on your SUV loan? After 24 payments the outstanding principal on the loan is $ (answer with two decimals) c. Assuming that you have made all of the first 24 payments on time, then how much interest have you paid over the first two years of your loan? After 24 payments the total amount of interest paid on the loan is $ (answer with two decimals) Maximum marks: 10