14. A loan is made for $4800 with an APR of 12% and payments made monthly for 24 months. What is the payment amount? What is the finance charge? (4 points). 15. Find the present value of $16,000 in 9 years if money can be deposited at 2% compounded semiannually. ( 2 point) 16. What amount will accumulate if we deposit $5,000 at the beginning of each year for the next 5 years and wait to get the amount for additional 2 years. Assume an interest of 6% compounded annually. ( 3 points)