1. Travis Thompson his credit card to obtain a cash advance of $600 to pay for his textbooks in medical school. InInterest rate charged for the loan is 0.05119% per day, Travis repays the money plus the interest after 24 days. A. Determine the interest charged for the cash advance B. When he repaid the loan how muck did he pay the credit company. Interest Charged: 2. Felix is purchasing a brownstone townhouse for 2,000,000. To obtain the mortgage, Felix is required to make an 18% downpayment. Felix receives a 25-year mortgage with an interest rate of 7.5%. A. Determine the amount of the require down payment B. Determine the amount of the mortgage C. Determine the monthly payment for principal and interest. 3. Determine the monthly principal and interest payment for 20 years mortgage (6.32649). When the amount financial is $285,000 and the annual percentage rate(Apr) is 4.5%. The monthly principal and interest payment is 4. Landon Wallin is an auto mechanic who wishes to start his own business. He will need &4000 to purchase tools and equipment. Landon decides to finance the purchase with a 48-month fixed installment loan with an APR of 5.5%. a) Determine Landon's finance charge. b) Determine Landon's monthly payment. LOADING... Click the icon to view the partial APR table. 5. Laura and Martin obtain a 25-year, $120,000 conventional mortgage at 10.0% on a house selling for $160,000. Their monthly mortgage payment, including principal and interest, is 1090.80. a) Determine the total amount they will pay for their house. b) How much of the cost will be interested? c) How much of the first payment on the mortgage is applied to the principal?6. 6. Use the compound interest formula the computer the total amount accumulated 3500 , for 4 years at 2.6 compounded monthly