Question: don't Use EXCEL !!!!!! Please write your ans step by step A loan of $2000 is being repaid by equal monthly payments for an unspecified

don't Use EXCEL !!!!!! Please write your ans step by step

A loan of $2000 is being repaid by equal monthly payments for an unspecified length of time. Interest on the loan is j2 = 15%. (Do not round intermediate calculations. Round your answers to 2 decimal places.) If the amount of principal in the 4th payment is a)$40, what amount of the 18th payment will be principal? b)Determine the regular monthly payment. A loan of $2000 is being repaid by equal monthly payments for an unspecified length of time. Interest on the loan is j2 = 15%. (Do not round intermediate calculations. Round your answers to 2 decimal places.) If the amount of principal in the 4th payment is a)$40, what amount of the 18th payment will be principal? b)Determine the regular monthly payment

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