3. ( 6 marks) A construction company signed a loan contract at 6.07% compounded quarterly, with provision to pay $745 at the end of each month for three years. (a) What is the amount of loan? (2) Answer: (b) How much will be owed at the end of 15 months? (2) Ainswer: (c) How much of principal will be repaid within the first 15 months? (1) Answer: (d) How much interest is paid during the first 15 months? (1)