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Cheick has taken out a loan for server equipment for his business totaling $17,500. The loan will be repaid by making end of quarter payments of $428.20 for the next 12 years. If interest is 2.7% compounded monthly, find the balance on the loan at the end of the 4th year? Enter a POSITIVE VALUE, rounded to two decimal places. Balance at the end of the 4 th year: $ Gavin has a mortgage of $570,000 through the Tangerine Bank for a vacation property. The mortgage is repaid by end of month payments with an interest rate of 5.8% compounded monthly for a term of 5 years, amortized over 22 years. At the end of the 5-year term, Gavin will renew the mortgage for another 5-year term at a new, lower interest rate of 5.7% compounded monthly. Round ALL answers to two decimal places if necessary. 1) What are the end of month payments before the renewal of the mortgage? 2) What is the balance when the mortgage is renewed? 3) What will be the new end of month payments after the mortgage is renewed? Skylar took a $57,000 loan at 3.37% compounded monthly and decided to make end of month payments of $2,023. 1) How many payments will Skylar have to make to amortize this loan? (rounded to the next higher whole number) 2) What will the size of her final payment be? (enter a positive value)