Problem 8 Loan Payments 7 points total. Suppose you have a loan with outstanding balance of $15,000 and APR 12%. You can afford 5500 monthly payments and one final additional lump sum payment of $1000 to liquidate the loan at the end of the loan lite. How many MONTHS will it take you to pay off the loan? (Note:m-12) Write down your calculator entries for i/Y, PMT, PV, and FV, and your answer from CPTN. You will record your answers in three parts to this problem Part A Here. Please indicate your calculator entry for I/Yand PMT Please indicate / xxxito one decimal recorded as percentage points per the calculator, ..5.0 for 5%) and PMT exactly as entered in the calculator.ee, 1.000 for positive 1.000 dollars to $ signs with comma as needed, no decimal point, round up to nearest dolar) -1,000 for negativene thousand dollars. Be sure to enter a negative (-) for a cash outflow and a positive without a for money you receive loan proceedi). t/Y PMT- Question 24 2.5 pts Problem 8 Part 1. Please indicate your calculator entries for PV and FV. Please indicate EXACTLY how you enter the corresponding value in the calculator, 3. 1,000 for positive 1.000 dollars no 5 signs, with comma as needed, no decimal point, round to nearest dollar) -1000 for negative one thousand dollars. Be sure to enter a negative (-) for money you pay out and a positive (without a of) for money you receiveles, loan proceeds) PV - PV- Question 25 2 pts Problem 8 Part C. Please indicate your final answer to Problem 8, what is the the number of months needed to pay off the loan N! Please round up to the nearest Integer 28 30 32 33 34 35 36 Problem (Loan Payments, 7 points totall. Suppose you have a loan with outstanding balance of $15,000 and APR 12%. You can afford 5500 monthly payments and one fraladditional (umetum payment of $1000 to liquidate the loan at the end of the loan. How many MONTHS will take you to pay off the loan? (Note: m-12) Write down your calculator entries for I/Y.PMT, PV and FV. and your answer from CPTN. You will record your answers in three parts to this problem Part A Herel. Please indicate your calculator entry for I and PMT Please indicate I/Y as oux (to one decimal recorded as percentage points per the calculator, ss5.0 for 5%) and PMT exactly as entered in the calculator 1,000 for positive 1.000 dollarinos signs, with comma as needed, no decimal point, round up to nordo-1,000 for negative one thousand dollars. Be sure to enter a negative for a cash outflow and a positive without for money you receive leg. loan proceeds L/Y- PMT- Question 24 2.5 pts Problem 8 Part B. Please indicate your calculator entries for PV and F. Please indicate EXACTLY how you enter the corresponding value in the calculator 1.000 for positive 1.000 dollars inos signs, with comma as needed, no decimal point, round to nearest dollar 1.000 for negative one thousand dollars. Be sure to enter a negative (-) for money you pay out and a positive without a or) for money you receiveles, loan proceeds PV- FV- Question 25 2 pts Problem 8 Part C. Please indicate your final answer to Problem what the the number of months needed to pay off the loan NP Please round up to the nearest Integer 28 O 30 32 033 034 035 36