10. Practice similar Help me with this < Previous Next > Suppose you take out a personal loan for $9,000 with an APR of 7% for 10 years. (Simplify your answers and round to the nearest cent.) a. What are the minimum, required monthly payments on the loan? You need to pay each month to pay the loan off in 10 years. b. You would like to pay the loan in 7 years rather than 10. What monthly payments do you need to make to pay it off early? You need to pay each month to pay the loan off in 7 years. c. Compare the two loans by computing the total amount you'll pay for each. The total payment is if you only make the minimum payments.. The total payment is if you pay the loan off in 7 years