Question 5 1 pts You take out an 27-year mortgage for $319,642 with an interest rate of 5.85% APR com- pounded monthly. The first payment is next month. What are your monthly payments? Question 6 1 pts You want to buy a car that's currently priced at $25,390. The price of the car in one year will be $23,597 since it will be last year's model. You currently don't have anything in your bank account. Consequently, if you buy the car today you will borrow $25,390 from your parents who will charge you 2.01% APR compounded monthly. You will repay the entire loan balance in one year if you decide to buy the car today, How much will you save (viewed as of one year from now) if you wait to buy the car