The interest rate on a $100,000 loan is 7.5% compounded monthly. What must be the monthly payment for the loan to be repaid in:

a.5 years?(Round your answer to the nearest cent.)PMT $___

b.10 years?(Round your answer to the nearest cent.)PMT$___

c.15 years?(Round your answer to the nearest cent.)PMT$___

d.20 years?(Round your answer to the nearest cent.)PMT$___

In each case, also calculate the total interest paid. (Note that a doubling of the term more than doubles the total interest paid over the life of the loan.)(Round your answers to the nearest cent.)a.Total interest: $b.Total interest: $c.Total interest: $d.Total interest: $