d Kickstarter specialise in offering start-up loans for new small businesses. A new coffee shop is planning on opening up and have requested a loan of $80,000 from Kickstarter. (a) (6 marks) The coffee shop has opted for the 2-year fixed interest repayment plan with an interest rate of 6% per annum compounded monthly. What size monthly repayments will the coffee shop need to make? Also, calculate the amount of interest payable on this loan. of (b) (6 marks) The coffee shop opened up straight away after receiving their loan from Kickstarter and business has been booming. At the end of the first year, they have made additional 540,000 in pront and wish to pay off the loan at this time with this money, calculate the remaining amount on the $80,000 loan at the end of the first year. Also, derermine if they can pay off their loan at this time Fonte Paragraph