problem is listed below. identify its type. the jimenez family purchased a new home. to fully furnish their new home, they took a loan from their credit union that charges 9% per year compounded monthly . the loan amount was $17,000. they wish to pay off this loan in 4 years. how much is their monthly payments? a) present value with compound interest b) future value with compound interest c) present value of an annuity d) amortization e) sinking fund f) none of the above.