4. John and Kathy MacGoudes are calculating a monthly family budget. a. Use the TV Solver to find the monthly payments on each of the following purchases: (12 pts) Purchase Loan Amount Interest Rate Term of Loan Monthly Payment 7.5% 4 years Honda Accord Ford Truck $18,800 $14,300 6.3% 5 years Home $96,500 5.25% 15 years $4,500 4.5% 3 years 2nd Mortgage on Home TOTAL (a) Honda Accord Ford truck PV TY PT TH TV PY PY PY IC Home 2nd mortgage on home PY PY PMI PT BV MY CAY CY b. Now add the MacGoudes additional expenses of car insurance ($215 per month), health Insurance ($120 per month), and taxes on their home ($3540 per year in order to calculate the couple's total monthly budget (2 pts) Expertise Monthly Budget Total Payments on Debt from previous part 4 Car Insurance Health Insurance Taxes on Home TOTAL