Question: please give me full description answer for getting a help ii) How much of this amount will be interest? b) Suppose he decides to make

please give me full description answer for getting a help ii)

please give me full description answer for getting a help

ii) How much of this amount will be interest? b) Suppose he decides to make regular monthly payments instead. PV: RATE: i) What will each payment be? PMT: PERIOD: FV: Compounding: ii) What will be the balance on the loan after each of the 5 years? Year 1$ Year 2$ Year 3$ Year 4 -\$ Year 5 -\$ iii) What total interest will he pay by the end of the 5-year term

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