Agatha would like to buy a new RV (recreational vehicle). The one she wants costs $ 800 000. The company that sells RVs requires that Monica pays a deposit of $ 200 000 for her to buy the RV. The remaining amount can be paid over the next 15 years in 15 equal annual payments. Agatha was offered a loan with fixed annual interest rate of 5% compounded quarterly (quarterly compounding).

a. How much is the yearly payment that Agatha makes?

b. Create amortization schedule/table that shows what these payments consist of the first three years

Please show the solution manually (without using excel or such)