Question: Please do it by type not pics. 1.Calculate the balance of the premium account at the end of Year 1 - Quarter 4 using the

Please do it by type not pics.

1.Calculate the balance of the premium account at the end of Year 1 - Quarter 4 using the following information:

$80,000 four-year note with 12% interest. The market rate is 11%. This note's payments are quarterly and interest also compounds quarterly.

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