Question: a . If Dave had borrowed $ 1 8 0 for one year at an APR of 8 percent, compounded monthly, what would have been

a. If Dave had borrowed $180 for one year at an APR of 8 percent, compounded monthly, what would have been his monthly loan payment?(Do not round your intermediate calculations. Round your final answer to 2 decimal places.Omit the "$" sign in your response.)
PMT$
b. What would have been the breakdown between interest and principal of the fifth payment?(Do not round your intermediate calculations. Round your final answers to 2 decimal places. Omit the "$" sign in your response.)
Interest$ Principal$

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