Page 4 5. Erick borrowed $18,000 to buy a car. At alternatives-5 year loan period at 6% (compounded monthly) the dealer, he was offered the following loan a) ulate the monthly payments for each of these alternatives. (5 pts) Suppose Erick had a plan of making the scheduled payments for four years and then paying the remainder of the loan off in one lump sum at the end of the 48th month. How m b) uch would he need to pay in this final payment (in addition to the originally scheduled payment for the 48h month-5 pts)