4. How much money will you have, 9 years from today, if you receive $600 at the end of each quarter for 9 years, if the interest rate is 10% compounded quarterly? (6 marks) 5. What is the value today of $500 received at the beginning of each period of six months for 12 years and the interest rate is 8% compounded semi-annually? (7 marks) 6. Consider a mortgage on a house valued at $480,000 with an interest rate of 6% compounded semi-annually, for a period of 15 years. Assume a 20% down payment and monthly payments. Find the monthly payment. (5 marks) Show the detail of the payment for the first month