please answer and explain both questions 1.

2.

Ken just purchased new furniture for his house at a cost of $15,500. The loan calls for weekly payments for the next 6 years at an annual interest rate of 10.45 percent. How much are his weekly payments? Multiple Choice Gerritt wants to buy a car that costs $29,500. The interest rate on his loan is 5.55 percent compoun percent compounded monthly and the loan is for 5 years. What are his monthly payments? Multiple Choice o o o o