To help open up a wine bar, Jenny borrowed money from an online lending company. She took out a personal, amortized loan for$42,000, at an interest rate of6.85%,with monthly payments for a term of7 years.

Find:

a. Monthly Payment

$

b. If the borrower pays the monthly payment each month for the full term, find her total amount to repay the loan.

$

c. If the borrower pays the monthly payment each month for the full term, find the total amount of interest borrower will pay.

$