Please answer both

(-/4 Points) DETAILS HARMATHAP126.5.025.EP. MY NOTES PRACTICE ANOTHER A couple who borrow $100,000 for 20 years at 7.2%, compounded monthly, must make monthly payments of $787.35. (a) Find their unpaid balance after 1 year. (Round your answers to the nearest cent.) $ (b) During that first year, how much do they pay towards the principle? (Round your answer to the nearest cent.) During that first year, what are their total payments? (Round your answer to the nearest cent.) $ During that first year, how much interest do they pay? (Round your answer to the nearest cent.) Need Help? Read it Show My Work (Optionen (-14 Points] DETAILS HARMATHAP12 6.5.029. MY NOTES PRACTICE ANOTHER A recent college graduate buys a new car by borrowing $16,000 at 8.4%, compounded monthly, for 5 years. She decides to pay $348 instead of the monthly payment required by the loan. (a) What is the monthly payment required by the loan? (Round your answer to the nearest cent.) How much extra did she pay per month? (Round your answer to the nearest cent.) $ (b) How many $348 payments will she make to pay off the loan? (Round your answer up to the next whole number.) payments (c) How much will she save by paying $348 per month rather than the required payment? (Round your answer to the nearest cent.) Need Help? Read It Show My Work Optional)