Loan Amount is $25,090

Choice 1:3 year loan for 3.24% with monthly payments Choice 2: 4 year loan for 3,65% with monthly payments Choice 3: 4 year loan for 3.65% with weekly payments For each of these options, compute the monthly payment required to amortize the loan. You must show all work including what formula you used and the value of each variable. You must do this part without a spreadsheet. b