1) (Worth 3 points) Nephi needs to build a ship, but ships are costly to build. So Nephi goes to the First Bank of Laban and takes out a 5 year $10,000 loan with an APR interest rate of 4%. Calculate the monthly payment and complete the following amortization table for the first 2 months. Monthly Payment is $ Month Beginning Balance Payment to Interest Payment to Principal Ending Balance 1 2 2) (Worth 1 point) Moroni put $1000 in his savings account at Gadianton First National Bank. The annual interest rate was 1% compounded monthly. Due to civic unrest, Moroni was unable to withdraw the money until 10 years later. Use the equation below to determine how much money Moroni had in his savings account after 10 years. FV - PV(1+r) (ny)