Question 1 A) Suppose you want to buy a new car for $20,000. You can make $2000 as down payment and rest of it would be financed through a loan at 4.8% APR over 4 years. What's your monthly payment? B) You want to compare your home mortgage rate with the current bank rate to decide whether you want to refinance. You do not remember what your current rate is. You know you borrowed $500,000 for the home mortgage and are making a monthly payment of $2387.08 for a 30-year loan, what's your current home mortgage rate in terms of APR? C) You bought a house for $500,000 and borrowed $400,000 from the bank for a 30-year loan. Your APR is 3.6%. After 10 years, you decide to sell the house, what's the balance remaining on the loan