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You are considering buying a new car. The sticker price is $27,741.00 and you have $2,267.00 to put toward a down payment. If you can negotiate a nominal annual interest rate of 8.4 percent and you wish to pay for the car over a 6-year period, what are your monthly car payments? $391.63 $451.63 $361.63 $481.63 $421.63 A bank recently loaned you $19,609.00 to buy a car. The loan is for 6 years and is fully amortized. The nominal rate on the loan is 6.9 percent, and payments are made at the end of each month. What will be the remaining balance on the loan after you make payment number 31 ? $12,345.70 $12,145.70 $11,445.70 $11,945.70 $11,745.70