Hey guys, I could use some help with the following questions. If possible, I'd really appreciate any explanations for each solution. Thank you so much for the help!

Formulae for Finance I=Prt r nt 1+71 A=P(1+rt) 2 2 r nt 1l nt 72 A = PMT Miss Crystal Palace just purchased -you guessed it - a crystal palace for $650,000. She makes a 25% down payment and finances the balance with a mortgage at an interest rate of 5.6% for 15 years, making monthly payments. 1. a. What amount will she borrow? b. Complete the amortization table for the first three payments. Show all work? Mike wants to buy a new Dodge Charger. He is able to negotiate a price of $21,500 for the color and options he wanted. He can secure a 48 month car loan at 6.8% if he can make a down payment of 20% of the price. 2. a. b. How much are his car payments? At the end of 20 months, Mike gets a bonus from work, and he decides to pay off his car loan. How much does he owe after 20 months