[10 points) Loki and Thor each borrow 350,000 for 13 years from the Marvel Bank. Marvel Bank charges an effective interest rate of i-0.024 per month (a) Loki will pay back his loan by making a payment of 28 after one month, a payment of 228) after two months, a payment of 3(25) after three months, upayment of 156(28) at the end of the 15th month. In addition, Loki will make an extra payment of X at the end of the 15th month. However Loki refuses to tell Thor what is Help Thor: calculate X [Keep five decimal places in your calculations. Round your final answer to 2 decimal places.) (b) Thor will pay back his loan using the sinking fund method. He will pay back his loan over a period of 156 months. Every month he will pay the interest to Marvel Bank, and he will accumulate the principal with level payments SFD in a sinking fund. Thor Tefuses to tell Loki what is the effective interest rate per month, 3, that he gets from his sinking fund. However he reveals that the principal paid in payment 17 is 552 56 and that the principal paid in payment 18 is 562,51 Help Loki, calculate and calculate SFD. [Keep five decimal places in your calculations. Round your final answer to 2 decimal places a payment [10 points) Loki and Thor each borrow 350,000 for 13 years from the Marvel Bunk. Marvel Bank charges an effective interest rate of 1-0.024 per month, (a) Loki will pay back his loan by making a payment of 28 after one month, a payment of 2(28) after two months, a payment of 3(28) after three months of 156(28) at the end of the 156th month. In addition, Loki will make an extra payment of Xut the end of the 15th month. However Loki refuses to tell Ther what X in. Help Thor, calculate X [Keep five decimal places in your calculations. Round your final answer to 2 decimal places.) (b) Thor will pay back his loan using the sinking fund method. He will pay back his loan over a period of 156 months. Every month he will pay the interest to Marvel Bank, and he will accumulate the principal with level payments SFD in a sinking fand. Thor refuses to tell Lok what is the effective interest rate per month, that he gets from his sinking fund. However he reveals that the principal paid in payment 17 is 552.56 and that the principal paid in payment 18 is 56251. Help Loki calculate and calculate SFD [Keep five decimal places in your calculations. Round your final answer to 2 decimal places) [10 points) Loki and Thor each borrow 350,000 for 13 years from the Marvel Bank. Marvel Bank charges an effective interest rate of i-0.024 per month (a) Loki will pay back his loan by making a payment of 28 after one month, a payment of 228) after two months, a payment of 3(25) after three months, upayment of 156(28) at the end of the 15th month. In addition, Loki will make an extra payment of X at the end of the 15th month. However Loki refuses to tell Thor what is Help Thor: calculate X [Keep five decimal places in your calculations. Round your final answer to 2 decimal places.) (b) Thor will pay back his loan using the sinking fund method. He will pay back his loan over a period of 156 months. Every month he will pay the interest to Marvel Bank, and he will accumulate the principal with level payments SFD in a sinking fund. Thor Tefuses to tell Loki what is the effective interest rate per month, 3, that he gets from his sinking fund. However he reveals that the principal paid in payment 17 is 552 56 and that the principal paid in payment 18 is 562,51 Help Loki, calculate and calculate SFD. [Keep five decimal places in your calculations. Round your final answer to 2 decimal places a payment [10 points) Loki and Thor each borrow 350,000 for 13 years from the Marvel Bunk. Marvel Bank charges an effective interest rate of 1-0.024 per month, (a) Loki will pay back his loan by making a payment of 28 after one month, a payment of 2(28) after two months, a payment of 3(28) after three months of 156(28) at the end of the 156th month. In addition, Loki will make an extra payment of Xut the end of the 15th month. However Loki refuses to tell Ther what X in. Help Thor, calculate X [Keep five decimal places in your calculations. Round your final answer to 2 decimal places.) (b) Thor will pay back his loan using the sinking fund method. He will pay back his loan over a period of 156 months. Every month he will pay the interest to Marvel Bank, and he will accumulate the principal with level payments SFD in a sinking fand. Thor refuses to tell Lok what is the effective interest rate per month, that he gets from his sinking fund. However he reveals that the principal paid in payment 17 is 552.56 and that the principal paid in payment 18 is 56251. Help Loki calculate and calculate SFD [Keep five decimal places in your calculations. Round your final answer to 2 decimal places)