QUESTION 27 (5 points) Marc has purchased a car for $25,000. He paid $2,000 as a down payment and he paid the balance by a loan from his hometown bank. The loan is to be paid on a monthly basis for five years at a 4 percent interest rate. a. How much are the monthly payments? b. How much interest will he pay in his first monthly payment? 3 (12pt) TTT Arial