PLEASE SHOW DETAILED WORK.

Number of Time Periods and Number of Payments c) Suppose you borrow $2,000 at 5%, and you are going to make annual payments of $734.42. How long before you pay off the loan? d) Suppose you want to borrow $20,000 for a new car. You can borrow at 8% per year, compounded monthly (8/12 = .66667% per month). If you take a 4 year (48 months) loan, what is your monthly payment