Please answer all questions

Use the amortization table below to answer the following questions. The loan is for 5 years at 5.5% interest on a $30,000 car. hiterest 2011 $1,516.22 $5,360.20 $24,639.80 2012 $1,213.86 $5,662.56 $18,977.24 2013 $894.45 $5,981.97 $12,995.27 2014 $557.02 $6,319.40 $6,675.87 2015 $200.55 $6,675.87 $0.00 a. How much are the yearly payments? b. If you traded your car in at the end of the 30 year (2013) and it was worth $15,500, how much would you get to put towards the new car that you are buying after paying back the bank? QUESTION 5 10 points Mr. and Mrs. Jones have taken out a mortgage loan of $175,000.00 from a bank at 5.5% APR for a fixed 15 years. How much will their monthly payment be? Show your work. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt ... EEXX2 g SIT The - + ABC V V X EX: IT ( : ) O ? + O WORDS POWE QUESTION 6 10 points Hudson would like to purchase a new car for $25,000. How much will his monthly payments be if he took out a 5-year loan at 6.5% interest? Show your work