Mr$.$ Mac went to the EMC to bet on college basketball. He is a very poor

bettor and now has credit card debt of $$20,000$ at $14\%$ interest compounded

monthly. He plans to pay it off with monthly payments over a period of $10$

years. You may use TVM solver or Amortization project but show your set up

for each part below.

a$.$ What will be Mr$.$ Mac's monthly payment?

b$.$ How much of his first month's payment goes toward paying off

principal?

c$.$ If he wants to pay the loan off after $5$ years, how much will he still owe

at that time?