This probiem is a complex financial problem that requires several skilis, pertaps sorne from previous sections. Ourng four years of college, Nolan MacGregor's student ioans are $4,000,$3,500,$4,400, and $5,000 for freshman year through senior yeac, respective. Esch loan amount gathers interest of 2%, compounded quarterly, whille Nolan is in schoel and 4%, compounded cuarterly, during a brimanth grace perlod after gradoation. (a) What is the ican balanice (in doilara) after the grace pericd? Assume the freshiman year loan earns 2% interest for 3/4 year during the first year, then for 3 fullyears until araduation. Make simiar atsumptions for the loass for the other years. (hound your answer to the nearest cent). 1 (b) Ater the grace penad, the losh is amertiped over the nest 10 years at 4%, compeunded quarterly. Find the quarterly payment (in dollars). (Reund your answer to the nearest cent.) 1) (c) If Nolan deodes to pay an additional 300 per payment, Now many payments wit amortize the debe? (Round your answer to two decimal placet.) pwrments What arrount (in dollars) should be added to the last payment to pay the loan in fol? (found your answer to the nearest cent.) 5 (C) How moch wil Nidan save (in dolfars) by phyen the extra 590 with eath psyment? (Round yout answer to the nearest cent.) 5