LAL 10, 10. Aisha is looking for a $20,000 loan to buy a car. One financial institution has agreed to give her the loan under the following conditions: (i) She must pay interest at the rate of 13.5% per year, compounded monthly (ii) She must pay off the loan in equal monthly payments made at month-ends. (11) She must pay off the loan in 5 or less years. She wants you to help her figure out if she can afford to pay off the loan in five years. Do the following: (a) Determine the monthly interest rate y. (b) Determine the total number of payments she will make in 5 years, (c) Determine the value of the $20,000 loan five years from now. (d) It was shown that if the monthly payment is P dollars then the value of n monthly payments in Use this to calculate the value of the payments she has to make in 5 years. That value should equal the value of the loan five years from now. Use it to determine P. (e) What will be her total payments over five years