1. A company received a loan of $24,000 from a bank that was charging interest at a rate of 3.03% compounded quarterly. a. Calculate the accumulated amount of this loan at the end of 9 years and 9 months. Round to the nearest cent b. Calculate the interest charged on this loan. Round to the nearest cent 2. Salmon Company, a successful recruitment agency in Montreal, loaned $20,000 to one of its partners for 11 years. The interest rate charged for the first 4 years was 3% compounded quarterly and 6.3% compounded semi-annually for the next 7 years. a. Calculate the accumulated value of the loan at the end of the first 4 years. Round to the nearest cent b. How much should the partner have repaid Salmon Company by the end of 11 years? Round to the nearest cent DQ English (Philippines) words