Laila bought a new Yamaha WaveRunner for $18,899 using a loan with a yearly simple interest rate of 4.99% . Complete the statements. The equation that models Laila’s loan is [DROP DOWN 1] where represents the amount of the load Laila paid after years. Laila will have to pay [DROP DOWN 2] if she pays off the loan in years.Laila bought a new Yamaha WaveRunner for using a loan with a yearly simple interest rate of . Complete the statements. The equation that models Laila’s loan is [DROP DOWN 1] where represents the amount of the load Laila paid after t years. Laila will have to pay [DROP DOWN 2] if she pays off the loan in 5 years.