please hand-write or type out work, not using a spreadsheet

6. You take out a loan for 20000 dollars amortized in a conventional way; interest is 6 percent nominal and payments are made at the end of every month for 60 months. Calculate: a) 3 points: the payment b) 7 points: the length of time to pay off the loan if the first 20 payments are doubled and remaining payments are those calculated in part (a). Assume the final payment is smaller than the other payments. 6. You take out a loan for 20000 dollars amortized in a conventional way; interest is 6 percent nominal and payments are made at the end of every month for 60 months. Calculate: a) 3 points: the payment b) 7 points: the length of time to pay off the loan if the first 20 payments are doubled and remaining payments are those calculated in part (a). Assume the final payment is smaller than the other payments