A loan of $25,400.00 at 5.50% compounded semi-annually is to be repaid with payments at the end of every 6 months. The loan was settled in 5 years. a. Calculate the size of the periodic payment. $2,707.29 $3,369.76 $2,939.79 $3,224.30 b. Calculate the total interest paid. Jamie made periodic deposits into a savings account at the end of every month for 4 years. The investments were earning 6.00% compounded quarterly and grew to $12,250.00 at the end of 4 years. a. Calculate the size of the month-end deposits. $232.00 $226.58$176.09$221.38 b. How long will it take for the $12,250.00 to accumulate to $44,495.00 if the interest b. How long will it take for the $12,250.00 to accumulate to $44,495.00 if the interest rate remained the same and he continued making the same month-end deposits throughout the term