5. The interest rate on a $50,000 loan is 76% compounded semiannually Quarterly payments will pay off the loan in ten years. (PMT-$1790 26) a Calculate the interest component of Payment 8 (5822.74) b. Calculate the principal component of Payment 33 (51542 15) c Calculate the total interest in Payments 21 to 30 indusive (5447470) d. Calculate the reduction of principal in Year 3 (54055.54) 6. A $37000 loan at 8.2% compounded semiannually is to be repaid by equal semiannual payments over 10 years (PMT=52746.69) a What will be the principal component of the sixth payment ($150331) b What will be the interest component of the sixteenth payment? 5499 93) How much will Payments 6 to 15 inclusive reduce the principal 51813235) d How much interest will be paid in the third year? (52545.96) e What will be the final payment?(52746.60)