So Score: 0 of 1 pt 31 of 40 (34 completo) HW Score: 80%, 32 of 40 X P5-31 (similar to) Question Help d Your firm has taken out a $513.000 loan with 8.3 APR (compounded monthly for some commercial property. As is common in commercial real estate, the loan is a 5-year loan based on a 15-year amortization. This means that your loan payments will be calculated as you will take 15 years to pay of the loan, but you actually must do so in 5 years. To do this, you wil make 59 equal payments based on the 15 year amortization schedule and then make a final 60th payment to pay the remaining balance. Note: Be careful not to round any intermediate steps less than six decimal places) a. What will your monthly payments be? b. What will your final payment be? a. What will your monthly payments bo? The monthly payments will be $4991,51 (Round to the nearest cont.) b. What will your final payment to? The final payment will be $ [Round to the nearest cont.) Enter your wer in the answer box and then click Check Answer All parts showing CA CA Type here to search O ENO 11:34 PM TO2 $ ! 1 2 3 4 5 W E