# Determine the month-end payment for a $200,000, 10-year loan with an interest rate of 12 percent,

A. Determine the

month-end payment for a $200,000, 10-year loan with an interest rate of 12

percent, compounded monthly. (Assume there is no down payment)

B. Calculate

the outstanding loan amount after 18 months.

C. Redo part A,

assuming it is a mortgage loan with monthly payments.