You just borrowed $35,000 at 5.0% to purchase a car. (i) What is the monthly payment if your loan is for 3 years? (ii) If you found an interest rate of 6.0% over four years, what will your payment be now? (iii) Back to the original interest rate and yearswhat will your payment be if you borrow $40,000? (iv) At any point in time, what does the outstanding loan balance consist ofremaining principal and interest payments, remaining principal only, or remaining interest only?