A recent college graduate buys a new car by borrowing $10,000 at 7.2%, compounded monthly, for 5 years. She decides to pay $374 Instead of the monthly payment required by the loan (a) What is the monthly payment required by the loan? (Round your answer to the nearest cent.) How much extra did she pay per month? (Round your answer to the nearest cent.) $ (b) How many $374 payments will she make to pay off the loan? (Round your answer up to the next whole number) payments (c) How much does she pay in total over the life of the loan by paying $334 per month rather than the required payment? $ 1 by the loan A recent college graduate buys a new car by borrowing $22,000 at 2.2, compounded monthly, for a years. She decides to pay $549 Instead of the monthly payment required (a) What is the monthly payment required by the loan? (Round your answer to the nearest cent.) How much extra did she pay per month? (Round your answer to the nearest cent.) (D) How many $549 payments will she make to pay off the foan? (Round your answer up to the next whole number.). payments (c) How much will she save by paying $549 per month rather than the required payment? (Round your answer to the nearest cent.) Non Lain Develop an amortization schedule for the loan described. (All answers should be entered in a nuts. Ron you w $90,000 for 2 years at 12% compounded semiannually Period Interest Balance Reduction Unpaid Balance 2 Payment $90,000 1 $ $ $ $ 2. $ $ $ 3 $ $ $ $ 4 $ $ $ $ 5 $ $0.00 Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.) $180,000 for 3 years at 6% compounded annually Period Payment Interest Balance Reduction Unpaid Balance $180,000 1 $ $ $ 2 $ $ 3 $ $0.00 Need Help? Roadt