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1 To help open up a jewelry store, Jane borrowed money from her credit union, She took out a personal, amortized loan for $48,500, at
1 To help open up a jewelry store, Jane borrowed money from her credit union, She took out a personal, amortized loan for $48,500, at an interest rate of 6.6%, with monthly payments for a term of 7 years For each part, do not round any intermediate computations and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas (a) Find Jane's monthly payment. sl (b) If Jane pays the monthly payment each month for the full term, find her total amount to repay the loan. si (c) 19 Jane pays the monthly payment each month for the full term, find the total amount of interest she will pay. s0
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