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Hi I was wondering if anyone can help me solve these 2 loans questions? The course is math modeling but this is the bus econ

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Hi I was wondering if anyone can help me solve these 2 loans questions? The course is math modeling but this is the bus econ part. Please and thank you!!!!

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A loan of $3700 is to be repaid with semiannual payments for 4 years at 3.9% interest compounded semi-annually. Calculate the semiannual payment. The semiannual payment is $ . (Do not round until the nal answer. Then round to the nearest cent as needed.) Bus Econ 10.3.7 A loan of 60,000 is to be repaid with monthly payments for 25 years at 12% interest compounded monthly. Calculate the monthly payment. The payment size is $D. (Round to the nearest cent as needed.)

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