Rashida purchases a house for $320,000 and takes a mortgage for the full amount. Her mortgage charges 7% per year and interest is compounded monthly. She will repay the loan over 25 years with equal monthly payments. a) What is her monthly payment amount? b) How much of the 6th payment would be applied toward interest? c) How much of the 6th payment would be applied toward principal? The Goucher Family Medical Clinic donates a portion of its earnings each year to support human trafficking victims. They have been depositing their money into a money market account that earns 8% per year; the amount of their donations at the end of each year is shown in the table below. At the end of year 3, they plan to donate all of the money in the account to a philanthropic organization. What will be the amount of their donation? Year Amount $7,700 1 2 . 3 $12,650 $5,600 Create an .xls file to solve OR capture an image of your "by hand" work and upload here. Be sure to clearly identify your answers in the uploaded file