after taxes, compounded quarterly? $ must be deposited each quarter. Suppose the tour company allows you to use an installment loan to lock in today's prict of $6,000 if you start making payments on the loan today. Assume your rst payment i one month in the future. a. What is the monthly payment on the loan if the annual interest rate on the loan is 8.4%, interest is compounded monthly, and the payback period is 3 years? The monthly payment on the loan is $ . b. What is the total amount to the tour company, including interest on the loan? The total amount paid is $ . c. How much will you pay in interest on the loan? 3 will be paid in interest on the loan. Suppose you decide to take the tour now and use a 15% credit card for the purchase