3) What nominal rate of interest compounded semi-annually is need for deposits of $5,000 at the end of every 3 months to accumulate to $200,000 in 8 years? (round the rate to three decimals of a percent) (5 marks) 4) If Lois is approved for a loan at 4.5% compounded quarterly and she can afford payments of $300 at the end of two week, what will be the size of her loan if she wants to pay it back in the next 5 years? How much interest will the loan cost him? (7 marks)