Question: please give the exact answer for both questions with steps thanks ill rate top o You make monthly payments on your car loan. It has


please give the exact answer for both questions with steps
thanks
ill rate top
o You make monthly payments on your car loan. It has a quoted APR of 5.8% (monthly compounding). What percentage of the outstanding principal do you pay in interest each month? (Note: Be careful not to round any intermediate steps less than six decimal places.) The percentage of the outstanding principal you pay in interest each month is %. (Round to six decimal places.) You have just sold your house for $1,100,000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and an initial balance of $750,000. The mortgage is currently exactly 18/2 years old, and you have just made a payment. If the interest rate on the mortgage is 7.75% (APR), how much cash will you have from the sale once you pay off the mortgage? (Note: Be careful not to round any intermediate steps less than six decimal places.) Cash that remains after payoff of mortgage is $ (Round to the nearest dollar.)
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