Erin grew tired of her old furniture and went shopping.A local store offered credit at an APR of 12%, with a maximum term of 4 years.The furniture will cost $5,000 -- with no down payment required.Using Table 7-2 in your textbook, calculate the following:

a)What is the amount of her monthly payment if she borrows for4 years?

b)What is the amount of the finance charge over that4-year period?

Please show work if applicable