Question: please answer clearly in boxes! Farah took out a loan for $25,800 from Bank of Montreal at 6.44% compounded quarterly, and will be making payments

 please answer clearly in boxes! Farah took out a loan for

please answer clearly in boxes!

Farah took out a loan for $25,800 from Bank of Montreal at 6.44% compounded quarterly, and will be making payments at the end of every three months for the next 12.5 years to repay the loan. Answer the following questions, and round all answers to two decimal places if necessary. 1) What is the amount of each payment? P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ 2) What is the total sum of money that Farah will eventually pay to clear the loan? Total amount paid = $ = (enter a positive value) 3) What will be the total amount of interest paid? Interest paid = $ (enter a positive value)

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