(6 points) A loan of $35,000 at an effective annual interest rate of 5% is sold 9 years after the loan was made to an investor who values the loan at an effective annual interest rate of 1.5%. Find how much the investor will pay for the loan in each of the following cases: a) The loan is repaid in 15 equal annual installments starting one year after the loan was made. Answer = $ b) The loan is repaid in 60 equal quarterly installments starting one year after the loan was made. Answer = $ Click for a hint (6 points) A loan of $35,000 at an effective annual interest rate of 5% is sold 9 years after the loan was made to an investor who values the loan at an effective annual interest rate of 1.5%. Find how much the investor will pay for the loan in each of the following cases: a) The loan is repaid in 15 equal annual installments starting one year after the loan was made. Answer = $ b) The loan is repaid in 60 equal quarterly installments starting one year after the loan was made. Answer = $ Click for a hint