3. Ken purchased a new truck by making a $25,000 down payment and financed the rest by making bi-weekly payments of $325 for the next four years. If he was charged 4.6% compounded quarterly what was the purchase price of the truck? (7 marks) 4. The Jones's want to start a Tax Free Savings Account (TFSA) to accumulate $7,000 in two and a half years from today for a vacation. What size semi-monthly payments are needed if the TFSA is paying 4.45% compounded annually