A $300,000 loan with annual interest at 7.5%, c/q, requires quarterly, end of period payments of $10,000 1. How many full payments (of $15,000) will be made during the life of the loan? (1 MARK) 2. How much will the final payment be? (I MARK) 3. How much interest is paid on the 30" payment? (I MARK) 4. What is the balance still owing after 10 years? (I MARK) 5. How much of the loan principal will be paid, in total, during years 8 and 9? (1 MARK) 6. How much interest is paid, in total, during the life of the loan? (I MARK) A $300,000 loan with annual interest at 7.5%, c/q, requires quarterly, end of period payments of $10,000 1. How many full payments (of $15,000) will be made during the life of the loan? (1 MARK) 2. How much will the final payment be? (I MARK) 3. How much interest is paid on the 30" payment? (I MARK) 4. What is the balance still owing after 10 years? (I MARK) 5. How much of the loan principal will be paid, in total, during years 8 and 9? (1 MARK) 6. How much interest is paid, in total, during the life of the loan? (I MARK)