Katie is paying $87 every month on her car loan. If the loan lasts 4 years and has a 6.5% interest rate, how much was the original loan amount? $3,668.57 $67.63 $5,966.85 $4,754.54 Matt can afford to pay $300 per month for the next 7 years for a business loan. At a rate of 6.50% per year, how much money can Matt borrow today? $193.05 $20,202.79 $31,804.02 $25,200.00