Question: please replace incorrect answers. thanks, will upvote if correct Duting the trst month, you will pay $ in principal (frouts to Bee neariest cent) Duing

Duting the trst month, you will pay \$ in principal (frouts to Bee neariest cent) Duing the first month, you will pay $24151m interest (Round to the neacest cent) Dureg the second month you wit poy $ es7 60 in principal (Round ts the nesiest cent) buravg the second month, you wit pay 523900 in interest (iround to tew neacest cent) Durng the feal yey you wat bey 5260230 in nterest (Round to the nesiptt cont) buing twe laurth yes vou will oavi You have just purchased your Audi and taken out a $44,000 loan. The loan has a five-year term with monthly payments and an APR of 5.7% (with monthly compounding). a. How much will you pay in interest, and how much will you pay in principal, during the first month, second month, and first year? (Hint. Compute the loan balance after one month, two months, and one year.) b. How much will you pay in interest, and how much will you pay in principal, during the fourth year ( 1.e, between three and four years from now)? (Note: Be careful not to round any intermediate steps less than six decimal places.)
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