Question: The answer it part A is $1869.76 Please clearly solve part B with tables not with a program such as excell 9, You borrow $15,000

The answer it part A is $1869.76

Please clearly solve part B with tables not with a program such as excell

9, You borrow $15,000 at 4% per month and will pay off the loan in 12 monthly payments. However, the first payment will not occur until the 5th month after receiving the loan. (a) How much is the monthly payment? (b) Use the tabular approach to analyze the principle and interest payment of each month. (Hint: You can put

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