(5) Alice purchases a boat. The purchase price is $18,300 and she makes a down payment of $3,800. She nances the balance for six years. There are level end- ofmonth payments (except for a slightly reduced nal payment) and the loan is made at an annual effective rate of 5.2%. (a) Find the amount of the rst seventy-one payments. (b) Find the outstanding loan balance just after the twenty-fourth payment