The correct answer to the problem is provided and circled, I need the work that shows how we got this answer. Financial calculators and excel are not allowed. I need step by step workouts of the problem. Thank you!

2. A loan with an interest rate of 6% compounded monthly will be settled with 48 monthly payments of $225 beginning now. Determine the size of the loan #9,698.47 3. Quarterly deposits of $500 made into an account which earned 11% compounded quarterly began on February 1, 2016 and ended on August 1, 2019. Determine the amount of a single deposit on February 1, 2016 that would be equivalent to the value of the quarterly deposits. ($6245.50 ) 4. Monthly deposits of $100 were made beginning on May 1, 2013 and ending on December 1, 2018. Determine the nun 1 2019 if money earned 9% compounded monthly