AOBDCCD: AaBbCCD( AaBbCcDo AaBbCCD( AQBbCCD( AABBCCDC Subtitle Subtle Em... Emphasis Intense E.. Find - Strong Quote Intense Q.. Subtle Ref. Ge Replace Styles Select - Editing D) $13.844.13 6) Assume you just bought a new car and now have a car loan to repay. The amount of the principal is $22,000, the loan is at 5.9% APR, and the mon monthly payments are spread out over 6 years. What is the loan payment? Use a calculator to determine your answer. A) $305.56 B) $363.57 C) $331.14 D) $297.70 7) You just bought a car and took out a loan for $30,000 and are scheduled to make monthly payments for 6 years at an annual rate of 3.9% APR. Suppose you add $132.01 each month to the contracted monthly car payment. This extra amount is applied t lied to the principal. How long will it take you to pay off your loan of $30,000? Use a calculator to determine your answer. A) It will take just over 54 months. B It will take just over 45 months. O It will take just over 38 months. Do It will take just over 30 months. 8) Assume that you are willing to postpone consumption of $1,000 today and buy a certificate of deposit (CD) at your local bank with the $1.000. Holding the CD for one year provides you with an 8% reward for saving or postponing consumption. This reward for postponing consumption implies that at the end of the year you will have how much more money for spending