4. A loan of $14,000 with interest at 12% compounded annually is repaid by payments of $856.00 made at the end of every month. (a) How many payments will be required to amortize the loan? (b) If the loan is repaid in full in 1 year, what is the payout figure? (c) If paid out, what is the total cost of the loan? (a) The number of payments required to amortize the loan is (Round up to the nearest whole number.) (b) The payout figure outstanding principal after the regular payments) is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (c) The total cost of the loan is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)