Alice purchases a boat. The purchase price is $17,300 and she makes a down payment of $3,200. She finances the balance for six years. There are level end-of-month payments (except for a slightly reduced final payment) and the loan is made at an annual effective rate of 5.1%.

(a)

Find the amount of each of the first seventy-one payments. (Round your answer up to the nearest cent.)

(b)

Find the outstanding loan balance just after the twenty-fourth payment. (Round your answer to the nearest cent.)