Hi, Could you please help me check again these questions I uploaded? Please send me only the results so that I can check. Thanks

Question 1

Marcus had a loan of $169,000 and made payments of $2,500 at the end of every month to settle it. If he received the loan at 3.62% compounded monthly, what was the balance on the loan at the end of four years?

Round to the nearest cent

Question 2

A lease of $7,800 had to be repaid with payments of $325 at the beginning of every month. The interest rate charged was 7.00% compounded monthly.

a.How many payments are required to repay the debt?

It will take..... payments (Rounded up to the next payment)

b.What is the size of the final payment?

Round to the nearest cent

Question 3

Corey purchased a machine for $26,000 for his company. He paid 5.00% of this amount as a down payment and financed the rest at 6.62% compounded monthly. He paid $1,125 at the end of every month to settle the loan.

a.What was the principal portion of payment number 4?

b.What was the interest portion of payment number 4?

Round to the nearest cent