question 4 (14.2 points)\namortization schedule calculator\nloan amount: $145,750.00\ninterest rate…

question 4 (14.2 points)\namortization schedule calculator\nloan amount: $145,750.00\ninterest rate (annual): 5.41%\nterm (years): 20\nmonthly payment: $995.20\nmonth payment principal interest total interest balance\n1 $995.20 $338.11 $657.09 $657.09 $145,411.89\n131 $995.20 $606.77 $388.44 $70,174.09 $85,552.69\n132 $995.20 $609.50 $385.70 $70,559.79 $84,943.19\n133 $995.20 $612.25 $382.95 $70,942.74 $84,330.94\n134 $995.20 $615.01 $380.19 $71,322.93 $83,715.93\nuse the partial amortization schedule calculator above to answer questions a) and b).\na) what is the loan amount, or starting principal?\nb) what is the annual interest rate?

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