A) What is the discounted value of $874 paid at the end of every three months for 4 years if interest is per annum compounded annually?

B) A property was purchased for $5880.00 down and payments of $972.00 at the end of every six months for 3 years. Interest is 9% per annum compounded annually. What was the purchase price of the property? How much is the cost of financing? Purchase price of the property?