Suppose you want to borrow ​$110,000 and you find a bank offering a​ 20-year term for a loan of that​ amount, with an APR of 4​%.
a. Find your regular payments if you make them​ yearly, monthly, biweekly​ (every 2​ weeks), or weekly that ​is, for n equals​1, ​12, 26, 52.
b. Compute the total payment for each case in part​ (a).
c. Compare the total payments computed in part​ (b).
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Part 1
a. The payment for nequals1 would be ​$

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The payment for nequals12 would be ​$

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The payment for nequals26 would be ​$

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The payment for nequals52 would be ​$

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