Annual interest over the 25 years of your retirement is 5%. Now how much do you need to be able to live off the following? a. $240,000 per year b. $120,000 every six months (semiannually) c. $60,000 every quarter d. $20,000 a month Find the following payments for an $80,000, 6-year, 7.5\% fixed rate loan. a. Annually b. Semiannually c. Quarterly d. Monthly How much total interest was paid in the loan in problem 5 when payments were made: a. Annually b. Semiannually c. Quarterly d. Monthly