A $32,000 loan at 12% compounded quarterly is to be repaid by equal quarterly payments over a seven-year term.
a.	What will be the principal component of the sixth payment? (Round your answer to 2 decimal places.)
b.	What will be the interest portion of the twenty-second payment? (Round your answer to 2 decimal places.)
c.	How much will the loans balance be reduced by Payments 10 to 15 inclusive? (Round your answer to 2 decimal places.)
d.	How much interest will be paid in the second year? (Round your answer to 2 decimal places.)