I'm having trouble with two problems. Please show your work so I can understand how to solve. Thanks!

QUESTION 3 You would like to have a loan from a bank for 15 years. You are to make monthly payments at the end of the month at an interest rate of 6% per year, or 0.5% per month (6% / 12 = 0.5%). If the loan amount is $175,000 and you would like to keep $50,000 as a balloon payment at the end of the 15years, what monthly payment will you have to make? O $1,305 O $1,477 O $1,567 $1,679 QUESTION 4 A car dealer is ready to let you have a $35,000 car for 72 end of the month payments of $715 each. If you think you can sell the car at the end of 72 months for $10,000 what is the rate that the car financing cost you? 6.5% o 7.5% ? 8.96% 9.73%