Please show work

Solve each of the following: Clearly show Answers Part1: (2 points) (Exercise 5.13) A loan of L is being amortized with payments at the end of each year for 14 years. If v7 = 4/5, find the following: a) The amount of principal repaid in the first 7 payments. ANSWER = L. b) The amount due at the end of 14 years. If the final 7 payments are not made as scheduled. ANSWER = L. Part 2: a) A 30-year loan is to be repaid with equal installments at the end of each year. The amount of interest paid in the 7th installment is $155. The amount of interest paid in the 19th installment is $132. Calculate the amount of interest paid in the 25th installment. Part 3: a) A 25-year loan of L is repaid by the amortization method with payments of $1000 at the end of each year. The annual effective interest rate is ii. The total amount of interest repaid during the life of the loan is also equal to L. Calculate the amount of interest paid during the first yeas of the loan. Answer=$ Solve each of the following: Clearly show Answers Part1: (2 points) (Exercise 5.13) A loan of L is being amortized with payments at the end of each year for 14 years. If v7 = 4/5, find the following: a) The amount of principal repaid in the first 7 payments. ANSWER = L. b) The amount due at the end of 14 years. If the final 7 payments are not made as scheduled. ANSWER = L. Part 2: a) A 30-year loan is to be repaid with equal installments at the end of each year. The amount of interest paid in the 7th installment is $155. The amount of interest paid in the 19th installment is $132. Calculate the amount of interest paid in the 25th installment. Part 3: a) A 25-year loan of L is repaid by the amortization method with payments of $1000 at the end of each year. The annual effective interest rate is ii. The total amount of interest repaid during the life of the loan is also equal to L. Calculate the amount of interest paid during the first yeas of the loan. Answer=$