Question

PLEASE HELP!!!!

Answer 1

Just in case you did not see it on the other question.
5 months

Month 1: $375 Mini $3.15 Murk
Month 2: $375 Mini $3.15 Murk
Month 3: $165.58 Mini $209.42 Murk
Month 4: $375 Murk
Month 5: $87.36 Murk

Answer 2

Answer:

The Last payment would be 5th month.

Step-by-step explanation:

Mini      

Month    Opening     Interest 5.6%     Amount       Payment       Closing

              Balance                                     including interest               Balance

1        902.43      7.40744625       909.8374           375 534.8374

2       534.8374       4.390124038        539.2276           375 164.2276

3       164.2276       1.348034639        165.5756           375 -209.424

Murk

Month    Opening    Interest 5.6%   Amount         Payment        Closing

              Balance                                    including interest                  Balance      

1        675.49   3.152286667   678.6423         0       678.6423

2        678.6423   3.166997338   681.8093          0       681.8093

3        681.8093   3.181776659            684.9911      209.424 475.5671

4        475.5671   2.21931295             477.7864        375         102.7864

5        102.7864   0.479669744      103.266        375     -271.734