Loan Interest. Sharon is considering the purchase of a car. Alier making the down payment, she will finance $11,380 sharon is offered three maturites. On a four-year loan, Sharce will pay $262.07 per month. On a five-year loan, Shacon's monttly payments will be $214.75 On a six-year loan, they will be $183.27. Sharon rejects the four-year loan, as it is not within her budget. So, Sharon would pay $1,505.00 in inferest over the lfe of the five-year loan. On the six-year loan, Sharon would pay $1,815.44 in interest. if Sharon had been able fo afford the four-year loan, how much interest would the have saved compared to the five-year loan? The interest Sharon would have paid on the four-year loan is 5 (Round to the nearest cent.) If Sharon had been able to afford the four-year loan, the amount of interest she would have saved compared to the fre-year loan is s (Round to the nearest cent.)