Can someone help me with this please?

MTH 110 SLO - PROBLEM AND QUESTIONS PART 1: Working the Problem On paper, write your work for solving the problem and circle or box the answer for each problem section. CriticalThinking This is not only working the problem but stating and illustrating the steps needed to solve the problem. You must show all work to receive credit. This is the only part of the project that may be handwritten. Julio buys a koi fishpond (and fish to put in it) for his wife on their anniversary. He pays $8000 for the pond and fish with $2000 down. The dealer charges add-on interest of 3.5% per year, and Julio agrees to pay the loan with 36 equal monthly payments. Use this information to answer the following questions: 1) Find the total amount of interest he will pay. 2) Find the monthly payment. 3) Find the APR value (to the nearest half percent). 4) Find (a) the unearned interest and (b) the payoff amount if he repays the loan in full with 12 months remaining. Use the most accurate method available. PART 2: Explaining the Problem Type and explain the following: In the space below, (a) explain the definition of interest paid, (b) show the formula for calculating interest paid, (c) explain why the formula contains each variable (i... you are explaining why each variable is needed to calculate interest paid). (d) Explain why the interest paid is important to Julio. Type and explain your steps below: In the space below, list the steps needed to calculate the monthly payment and explain why each step is needed. MTH 110 SLO - PROBLEM AND QUESTIONS PART 1: Working the Problem On paper, write your work for solving the problem and circle or box the answer for each problem section. CriticalThinking This is not only working the problem but stating and illustrating the steps needed to solve the problem. You must show all work to receive credit. This is the only part of the project that may be handwritten. Julio buys a koi fishpond (and fish to put in it) for his wife on their anniversary. He pays $8000 for the pond and fish with $2000 down. The dealer charges add-on interest of 3.5% per year, and Julio agrees to pay the loan with 36 equal monthly payments. Use this information to answer the following questions: 1) Find the total amount of interest he will pay. 2) Find the monthly payment. 3) Find the APR value (to the nearest half percent). 4) Find (a) the unearned interest and (b) the payoff amount if he repays the loan in full with 12 months remaining. Use the most accurate method available. PART 2: Explaining the Problem Type and explain the following: In the space below, (a) explain the definition of interest paid, (b) show the formula for calculating interest paid, (c) explain why the formula contains each variable (i... you are explaining why each variable is needed to calculate interest paid). (d) Explain why the interest paid is important to Julio. Type and explain your steps below: In the space below, list the steps needed to calculate the monthly payment and explain why each step is needed