monthly.

a$.$ Now that you have made $60$ payments, what is the remaining balance on the loan?

b$.$ If the interest rate increases by $0\mathrm{.}9\%,$ to $5\mathrm{.}1\%$ APR, compounded monthly, what will be your new payments?

a$.$ Now that you have made $60$ payments, what is the remaining balance on the loan?

The remaining balance on the loan is $$,($Round to the nearest cent.$)$

b$.$ If the interest rate increases by $0\mathrm{.}9\%,$ to $5\mathrm{.}1\%$ APR, compounded monthly, what will be your new payments?

The new payment is $$.($Round to the nearest cent.$)$