finance mathematics

please include a time diagram if required

urgent help

10 points} Loki and Thor each borrow 700,000 for 18 years from the Marvel Bank Marvel Bank charges an effective interest rate of 1-0.015 per month (a) Loki will pay back his loan by making a payment of 29 after one month. a payment of 2429) after two months, payment of 1291 other Tee months... a payment of 21629) at the end of the 16th month. In addition, Loki will make an extra payment of X at the end of the 21h month. However Loki refuses to tell Thor what X is. Help Thor calculate X. [Keep five decimai places in your calculations. Round your final answer to 2 decimal places.) (b) Thor will pay back his lain using the sinking fund method. He will pay back his loan over a period of 2016 notes. Every month he will pay the interest to Marvel Bunk, and he will accumulate the principal with level payments SFD in a sinking fund. Thor refuses to tell Lola what is the effective interest rate per month, j, that he gets from his sinking fund. However he reveals that the principal paid in payment 15 is 2599 and that the principal paid in payment 16 is 265.19. 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 700,000 for 18 years from the Marvel Bank Marvel Bank charges an effective interest rate of 1-0.015 per month (a) Loki will pay back his loan by making a payment of 29 after one month. a payment of 2429) after two months, payment of 1291 other Tee months... a payment of 21629) at the end of the 16th month. In addition, Loki will make an extra payment of X at the end of the 21h month. However Loki refuses to tell Thor what X is. Help Thor calculate X. [Keep five decimai places in your calculations. Round your final answer to 2 decimal places.) (b) Thor will pay back his lain using the sinking fund method. He will pay back his loan over a period of 2016 notes. Every month he will pay the interest to Marvel Bunk, and he will accumulate the principal with level payments SFD in a sinking fund. Thor refuses to tell Lola what is the effective interest rate per month, j, that he gets from his sinking fund. However he reveals that the principal paid in payment 15 is 2599 and that the principal paid in payment 16 is 265.19. Help Loki: calculate and calculate SFD. (Keep five decimal places in your calculations. Round your final answer to 2 decimal places