A $37,000 loan at 8.2% compounded semiannually is to be repaid by semiannual payments of $2500 (except for a smaller, final payment). (Round all dollar values to 2 decimal places.)

a.	What will be the principal component of the sixteenth payment?

Principal in payment

$____

b.	What will be the interest portion of the sixth payment?

Interest in payment

$___

c.	How much will Payments 8 to 14 inclusive reduce the principal balance?

Principal reduction

$___

d.	How much interest will be paid in the fifth year?

Interest in fifth year

$____

e.	What will be the final payment?

Final payment

$____