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Suppose that you borrowed $150,000 using a 25-year loan with an annual interest rate of 10% with monthly payments and monthly compounding. How much interest will you pay in the 1st year of this loan? O $14,936 O $15,000 $14, 787 $14,847Suppose that you borrow $125,000 using a 15-year loan with an annual interest rate of 4% with monthly payments and monthly compounding. What will the balance be for this loan at the end of the 6th year? 0 $33,593 0 $75,000 0 $53,423 0 $33,744