A real estate developer borrows $ 100,000 at 12% compounded monthly. The loan is to be repaid by monthly payments for the next 6 years. . a) Find the monthly payment ? b) How much interest will be paid? a) of numerio Payment . to establish a funed that country have voted pay a retiring accountant or his estate $1000 per month for the next years, with the first to be made a month from now, a) How much should be placed in the fund if it fanns interest at 7% compounded monthly? b) How much interest will the fund earn during its existence