1. You have borrowed 515000 at 6% APR compounded monthly to buy a car. The loan has to be repaid in 36 equal end of month payments. Estimate the following: a. Percent of the monthly payment made'towards interest in the Second month. b. Percent of the monthly payment made towards interest in the last month. c. You decide to repay the loan when the 18*\" payment is due. Estimate the single payment to be made to repay the loan. d. There is no penalty if you decide to repay the loan earlier. How long it would take to repay the loan if you decide to pay additional 20% of the monthly payment every month