To purchase $14,700 worth of machinery for her business, Jane made a down payment of $1900 and took out a business loan for the rest. After 2 years of paying monthly payments of $567.31 she finally paid off the loan.

(a)	What was the total amount Jane ended up paying for the machinery (including the down payment and monthly payments)?
	$
(b)	How much interest did Jane pay on the loan?

To help pay for culinary school, Jim borrowed money from a bank. He took out a personal, amortized loan for $57,500 , at an interest rate of 5.35% with monthly payments for a term of 15 years. For each part, do not round any intermediate computations and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas

(a)	Find Jim's monthly payment.
	$
(b)	If Jim pays the monthly payment each month for the full term, find his total amount to repay the loan.
	$
(c)	If Jim pays the monthly payment each month for the full term, find the total amount of interest he will pay.

When Keith had 2 years left in college, he took out a student loan for $13,190 The loan has an annual interest rate of 7.8%

. Keith graduated 2 years after acquiring the loan and began repaying the loan immediately upon graduation. According to the terms of the loan, Keith will make monthly payments for 10 years after graduation. During the 2 years he was in school and not making payments, the loan accrued simple interest. Answer each part. Do not round intermediate computations, and round your answers to the nearest cent. If necessary, refer to the list of financial formulas

(a)If Keith's loan is subsidized, find his monthly payment.
	Subsidized loan monthly payment: $
(b)If Keith's loan is unsubsidized, find his monthly payment.
	Unsubsidized loan monthly payment: $