Susan Carver will purchase a home for $160,000. She will use a down payment of 20% and finance the remaining portion at 8.4%, compounded monthly for 15 years. Complete parts (a) through (c) below.

a) What will be the monthly payment?

(b) How much will remain on the loan after making payments for 8 years?

c) What is the total amount paid over the course of 15 years?