Answer the following questions using the amortization schedule above.
1. How much is Janet going to pay every month?
2. On Mar 1, 2022, how much of Janet's payment goes toward:
a. interest?
b. principal?
3. Look at Janet's repayment on April 1, 2022.
a. How do the interest and principal compare to what she paid in the previous month?
b. Explain why this happened.
4. By the time Janet pays off her entire loan,
a. How much interest will she have paid?
b. How much will the trip have cost her in total?