hello, please help me out with this amortization questions. thankyou.

Your rm has taken out a $525 000 loan with 8.5% APR (compounded monthly) for some commercial property As is common in commercial real estate, the loan is a 5-year loan based on a 15-year amortisation. This means that your loan payments will be calculated as if you will take 15 years to pay off the loan. but you actually must do so in 5 years. To do this. you will make 59 equal payments based on the 15-year amortisation schedule and then make a nal 60th payment to pay the remaining balance, (Note: Be careful not to round any intermediate steps to fewer than six decimal places.) a. What will your monthly payments be? b. What will your nal payment be? a. What will your monthly payments be? The monthly payments will be 3 5 169138V . (Round to the nearest cent.) b. What will your nal payment be? The nal payment will be $ 422 144.11'. (Round to the nearest cent.)