You buy a car for $25,000 with a 10% down payment. You borrow the remainder of the funds from your bank that charges you 6% on the loan. You are required to pay back the loan in equal monthly installments over a five-year period, with the first payment due one month from the loan date. What will be your monthly payment? O $422.94 $380.64 $483.32 O $445.12 $434.99 You borrow $100,000 today at an interest rate of 8%. The loan is set up as a 5-year loan, with equal annual payments of $20,000 at the end of each year. What will be the balance, if any, on this loan at the end of the five years. O $267.78 $164,264.83 $25,045.65 O $117,599.80 O $29,600.79