please help and thank you!

For each problem, clearly state the formula used and the values of the variables involved. Then solve the problem. State all monetary results in dollars and cents, rounding to the nearest cent. 1. (5 points) A MasterCard statement shows a balance of $560 at 13.9% compounded monthly. What monthly payment will pay off this debt in 20 months? What is the total amount paid? Monthly Payment: Total Amount: 2. (5 points) After 1 year 5 months of $297.92 monthly car payments on a 3-year loan at 4.6%, Karen wants to get rid of her sedan and get a red sports car. What amount will pay off her car loan