A construction company signed a loan contract at 4.07 %

compounded semi-annually ,

with the provision to pay $665

at the end of each month

for three years.

(a) What is amount of the loan?

(b) How much will be owed at the end of seventeen

months?

(c) How much of the principal will be repaid within the first seventeen

months?

(d) How much interest is paid during the first seventeen

months?