Question: question have this information only Question 4 (3 marks): There is an investment annuity that pays 5.5% compounded quarterly. The investment makes payments at the

question have this information only

Question 4 (3 marks): There is an investment annuity that pays 5.5% compounded quarterly. The investment makes payments at the end of each quarter for 10 years. a. What is the size of each quarterly payment. b. Calculate the principal portion of the 50 payment. c. Calculate the interest portion of the 60th payment Question 4 (3 marks): There is an investment annuity that pays 5.5% compounded quarterly. The investment makes payments at the end of each quarter for 10 years. a. What is the size of each quarterly payment. b. Calculate the principal portion of the 50 payment. c. Calculate the interest portion of the 60th payment

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