please answer A-H please show work and explanations

Bites. They needed teasuring cups, mixers, a food processor, and other baking equipment to prepare for production CASE 12a cafeteria Financing a Growing Business Chapter 121 Amortization of Loans and Mortgages 593 Thalia , Georgia, and Farival started a cupcake business in their final year in college, registering the company as Suary This equipment cost a total of 1500, which the entrepreneurs financed through a loan from a bank at 12.5% compounded monthly amortizel over two years within a week, they started making cupcakes and delivering them to their college within two months. Sugary Bites was the talk of the college campus and the bakery business was making modest profits After graduating the three budding entrepreneurs decided to expand their operation. They rented a retail store in the city and added ten new cupcake flavours to their product line. They also hired an assistant to run the store and a delivery person to handle personal orders After two years of successfully managing Sugary Bites, they saved enough money to use as a down payment to purchase a small shop where they could make their cupcakes and a delivery truck to deliver them. They identified a $108.000 commercial property and secured a mortgage for 80% of its value to purchase it. The fixed interest rate on the mortgage was 3A% compounded semi annually for an amortization period of five years. They also purchased a delivery truck for the business at a cost of $18,500 and financed 80% of it at 7% compounded monthly. They made monthly payments of 5300 towards this loan Answer the following questions related to each of their debts Startup Loan 4. What were their monthly payments to settle this loan? b. What was the principal balance on the loan after one year? c. Construct an amortization schedule for this loan. Mortgage determinded in part a. d. Calculate the size of their monthly payments rounded to the next Sto. e. By how much would their amortization period shorten if they paid the rounded payment from (d), then also made a lump sum payment of $10,000 at the end of the third year of the mortgage and finally increased their periodic payment by 30% after the 40th payment Delivery Truck Loan 1. How long would it take to settle this loan with regular monthly payments of $300? g. On their 20 payment, what will be the interest portion and what will be the principal portion? h. Construct a partial amortization schedule showing details of the first two payments, last two payments, total payment made, and the total interest paid towards this loan. use rounded payment Bites. They needed teasuring cups, mixers, a food processor, and other baking equipment to prepare for production CASE 12a cafeteria Financing a Growing Business Chapter 121 Amortization of Loans and Mortgages 593 Thalia , Georgia, and Farival started a cupcake business in their final year in college, registering the company as Suary This equipment cost a total of 1500, which the entrepreneurs financed through a loan from a bank at 12.5% compounded monthly amortizel over two years within a week, they started making cupcakes and delivering them to their college within two months. Sugary Bites was the talk of the college campus and the bakery business was making modest profits After graduating the three budding entrepreneurs decided to expand their operation. They rented a retail store in the city and added ten new cupcake flavours to their product line. They also hired an assistant to run the store and a delivery person to handle personal orders After two years of successfully managing Sugary Bites, they saved enough money to use as a down payment to purchase a small shop where they could make their cupcakes and a delivery truck to deliver them. They identified a $108.000 commercial property and secured a mortgage for 80% of its value to purchase it. The fixed interest rate on the mortgage was 3A% compounded semi annually for an amortization period of five years. They also purchased a delivery truck for the business at a cost of $18,500 and financed 80% of it at 7% compounded monthly. They made monthly payments of 5300 towards this loan Answer the following questions related to each of their debts Startup Loan 4. What were their monthly payments to settle this loan? b. What was the principal balance on the loan after one year? c. Construct an amortization schedule for this loan. Mortgage determinded in part a. d. Calculate the size of their monthly payments rounded to the next Sto. e. By how much would their amortization period shorten if they paid the rounded payment from (d), then also made a lump sum payment of $10,000 at the end of the third year of the mortgage and finally increased their periodic payment by 30% after the 40th payment Delivery Truck Loan 1. How long would it take to settle this loan with regular monthly payments of $300? g. On their 20 payment, what will be the interest portion and what will be the principal portion? h. Construct a partial amortization schedule showing details of the first two payments, last two payments, total payment made, and the total interest paid towards this loan. use rounded payment