Bob needs a new roof for his house. He can pay cash, or pay by installments. Payments would be $55.12 bi-weekly (at the end of every period) for 5 years. The interest rate is 1.225% compounded semi-annually. a) This question deals with the value of an annuity b) There will be payments. The payment period is c) The payment amount is $ d) The effective interest rate per period is % e) The present/future value is $