Different payment plans can affect the amount of money you need to borrow. a) Ali is paying off a loan by making $50 payments at the end of every month for 2 years, at 6%, compounded monthly. How much...

Different payment plans can affect the amount of money you need to borrow.

a) Ali is paying off a loan by making $50 payments at the end of every month for 2 years, at 6%, compounded monthly. How much money did they borrow originally?

b) Ken is paying off a loan by making a $50 down payment and then $50 payments at the end of every month for 2 years, at 6%, compounded monthly. How much money did they borrow originally?

c) Maria is paying off a loan by making $50 payments at the beginning of every month for 2 years, at 6%, compounded monthly. How much money did they borrow originally?