Please do all three questions otherwise skip. And show all workings clearly writing .

4. Reed and Martina take out a mortgage of $175.000 with their bank to buy an apartment. The mortgage is for 25 years at an Interest rate of 7.5% PA compounded quarterly. 1) Calculate their quarterly repayments II) Once the loan h fully repaid, how much has Reed and Martina paid to the bank in interest? Show all workings 5. Bill opens an account with an initial value of $500. For the first 2 years. Bill deposits $250 every 3 months. For the following 3 years. Bill deposits $500 every 3 months. If the interest rate on the loan is 4.5% compounded quarterly, determine the future value of this annuity. Show all workings. 6. Charlie purchased a photocopier valued at $7,500 for his employees on the 1st of May 2018. Calculate the book value of the photocopier at the end of the 2019-20 financial year using the prime cost depreciation method if the working life of a photocopier is 7 years, (assume each year is 365 days) Show all workings