Question list 0 Question 1 "4 Question 2 0 Question 3 0 Question 4 I? Adebt of $35,000 is repaid over 10 years with payments occurring quarterly. Interest is 12% compounded monthly. (a) What is the size of the periodic payment? b) What is the outstanding principal after payment 24? c) What is the interest paid on payment 25? d) How much principal is repaid in payment 25? ( ( ( (a) The size of the periodic payment is $|:|. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Question list 0 Question 1 0 Question 2 0 Question 3 0 Question 4 I The Superior Tool Company is repaying a debt of $16,000 by payments of $1000 made at the end of every three months. Interest is 7.5% compounded monthly. (a) How many payments are needed to repay the debt? (b) What is the size of the final payment? (a) The number of payments to be made is [1. (Round up to the nearest whole number.) Question list 0 Question 1 x// Question 2 0 Question 3 0 Question 4 I An auto repair shop borrowed $18,000 to be repaid by semi-annual payments over 7 years. Interest on the loan is 10% compounded semi-annually. (a) What is the size of the periodic payment? (b) What is the outstanding principal after payment 8? (c) What is the interest paid on payment 9? (d) How much principal is repaid in payment 9? v (a) The size of the periodic payment is $|:|. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Question list 0 Question 1 0 Question 2 0 Question 3 0 Question 4 I Seamus has paid $16,000 for a retirement annuity from which he will receive $1,768 at the end of every three months. The payments are deferred for 11 years and interest is 10% compounded quarterly. (a) How many payments will Seamus receive? (b) What is the size of the final payment? (c) How much will Seamus receive in total? (d) How much of what he receives will be interest? (a) Seamus will receive payments. (Round up to the nearest whole number.)