5. Emily has a debt of $9000. Her bank offers personal loans with terms of one to five years at 7.75%, compounded monthly a)Determine the monthly payment for a two-year loan. b)Calculate the total interest paid on the loan. c)Determine Emily's payment if she chooses to make accelerated bi-weekly payments. d)Calculate the total interest paid on the loan. e)Explain why changing the payment frequency reduces the total interest paid on the loan