Assume you will finance the cost of the total investment $($or average total investment$)$ and present the following scenarios:

Assume a $5-$year loan period at $5\%$ interest rate per year and provide the following:

Amount borrowed

Monthly payment

Total interest cost for the life of the loan

Total of payments for the life of the loan $($not number of payments$)$

Assume a $10-$year loan period at $6\%$ interest rate per year and provide the following:

Amount borrowed

Monthly payment

Total interest cost for the life of the loan

Total of payments for the life of the loan $($not number