Loan Interest Sharon is considering the purchase of a car Aner making the down payment, she will finance $12.70 Sharon is offered three maturosOn a four yearloan, Gharon wil pay $298.61 per month. On a five-year loan, Sharon's monthly payments will be $246.92. Ona sx-year loan, they will be $21260. Sharon rejects the four-year loan, as it is not within het budget. So, Sharon would pay $2.345.20 in interest over the life of the five-year loan. On the year loan, Sharon would pay $2,837 20 in interest, Sharon had been able to afford the four year loan, how much interest would she have saved compared to the five-year loan? The interest Sharon would have paid on the for your loan is $(Round to the nearest cent) Sharon had been able to afford the four year loan, the amount of interest she would have saved compared to the five-year oani Round to the nearest cont.)