URGENT!!! PLEASE ANSWER FULL QUESTION AND PROVIDE VALID SOLUTIONS. I WILL UPVOTE. DEADLINE IS IN $3$ HOURS................Mr$.$ Peter wants to buy a new flat today that costs $$A,$ and he puts $B\%$ down payment and finances the remaining balance with a mortgage. His loan officer has offered him a

mortgage with a Stated Annual interest rate $($APR$)$ of C$\%$ with monthly compounding. The mortgage calls for equal monthly payments due at the end of each month for $2$ years,

with the first payment due in one month.

a$)$ what is the monthly loan payment?

Give your answer correct to the nearest whole number. $(2$ marks$)$

b$)$ Of the $3$rd monthly repayment, how much will be used to pay the interest charge for the month

and how much for the principal repayment?

Give your answers correct to the nearest whole number. $(2$ marks$)$

c$)$ Suppose that after $1\mathrm{.}5$ years of repayments, Mr$.$ Peter gets a new job and decides to pay off the remaining loan. If the bank charges him a $1\%$ prepayment penalty based on

the loan balance, how much must he pay to the bank?

Give your answer correct to the nearest whole number. $(2$ marks$)$

d$)$ Now suppose instead that Mr$.$ Peter's loan officer allows him to defer the first payment for one year so that the first payment is due in $13$ months $($paid at the end of month $13).$

Other terms of the loan $($size$,$ APR, no of monthly repayments$)$ remains the same. What is the monthly payment implied by this new $2-$year contract?angwer $($x$$ect to the restest whele inamtori is marks$)$

Note: thars $6$ and of are independent of asdo other