Exercise 14.1 A# 3 (a),(b), (c); Exercise 14.2 #9; and Exercise 14.4 #4 1) For each of the following four debts amortized by equal payments made at the end of each payment interval, compute (a) the size of the periodic payments; (b) the interest paid, principal repaid, and the balance for the first period; and (c) the interest paid, principal repaid, and the balance for the second period, Debt Principal Repayment Period Interest Rate % Compounding Period Payment Period 6 months 8 20 years 1. Quarterly 36 000 2. 15 000 12 10 years 3 months Monthly 6 3. 8500 5 years Semi-annually 1 month 9 4. 9600 7 years Semi-annually 1 year