You have a mortgage balance of $110,000 that will require you to make 120 more payments of $1,035, starting next month. Alternatively, you can take out a loan today for $110,000 with an interest rate of 2.41% APR compounded monthly and pay off the original mortgage. The new loan will require you to make 120more payments, starting next month. If your investments earn 6.96% APR, compounded monthly, how much will you save in PV terms by taking out the new loan to pay off the original mortgage? Question 21 1 pts You have a student loan that requires you to pay $191 per month, starting next month, for 86 months. You can make these payments or enter a new loan that requires you to pay $115 per month, starting next month, for 40 months. To switch to the new loan will cost you a "financing fee" of $2,492 today. If your investments earn 2.59% APR (compounded monthly), how much do you save in PV terms by taking out the new loan