20.21.22.

Consider a loan of $1700 at 6% compounded quarterly, with 6 quarterly payments. Find the following. (a) the payment necessary to amortize the loan (b) the total payments and the total amount of interest paid based on the calculated quarterly payments (c) the total payments and total amount of interest paid based upon an amortization table. Find the monthly house payments necessary to amortize the following loan. Then calculate the total payments and the total amount of interest paid. $202,000 at 6.83% for 25 years The monthly payments are $ (Round to the nearest cent.) Fritz's monthly payment is $ (Round to the nearest cent.) Fritz buys a car costing $6800. He agrees to make payments at the end of each monthly period for 7 years. He pays 7.2% interest, compounded monthly. What is the amount of each payment? Find the total amount of interest Fritz will pay