GLWY College Canada Outlook O Search edf Print Save to OneDrive For each of the following questions be sure to create a list that outlines the values for N, C/Y,P/Y, 17, PMT, P.V., and F.V., as well as to show any subsequent calculations. Be sure to make a closing statement, which addresses the question being asked and round all answers to 2 decimal places. 1) Jesse took out a business loan for $450,000 at 2.75% compounded quarterly. a) What is the size of the payments, made twice a year that will settle the debt in 12 years? b) What is the cost of borrowing? 2) Sam invested $900 at the end of every six months for 4 years. After the 4 years, Sam re- evaluated and felt comfortable increasing his investment to $1250 every six months for another 3 years into a fund that earns 2.85% compounded semi-annually. a) What is the total value of Sam's investment at the end of the 7 years? b) How much interest has Sam earned over the 7 year term? This weer Type here to search o GLWY College Canada Outlook O Search edf Print Save to OneDrive For each of the following questions be sure to create a list that outlines the values for N, C/Y,P/Y, 17, PMT, P.V., and F.V., as well as to show any subsequent calculations. Be sure to make a closing statement, which addresses the question being asked and round all answers to 2 decimal places. 1) Jesse took out a business loan for $450,000 at 2.75% compounded quarterly. a) What is the size of the payments, made twice a year that will settle the debt in 12 years? b) What is the cost of borrowing? 2) Sam invested $900 at the end of every six months for 4 years. After the 4 years, Sam re- evaluated and felt comfortable increasing his investment to $1250 every six months for another 3 years into a fund that earns 2.85% compounded semi-annually. a) What is the total value of Sam's investment at the end of the 7 years? b) How much interest has Sam earned over the 7 year term? This weer Type here to search o