When you purchased your car you took out a five-year annual payment on with an interest rate of 5,6% per year. The annual payment on the car is $5.100. You have just made a payment and have now decided to pay off the loan by repaying the outstanding balance What is the payoff amount for the following scenarios? a. You have owned the car for one year (so there are four years telt on the loan? b. You have owned the car for four years is there is one year left on the loan? (Round to the nearest cont.) a. You have owned the car for one year (so there are four years loft on the ani? The payoft it you have owned the car for one year (so there are four your loft on the loan) a 3 b. You have owned the car for tour years (no there is one year fort on the loan The payoff if you have owned the car for four years so there is one year it on the loan) (Round to the nearest cent)