Hello, This question is from (Mathematics of Finance course).

Please help me solve it. Thank you

10. On September 1, 2005, Paul borrowed $3000, agreeing to pay interest at 12% compounded quarterly. He paid $900 on March 1, 2006, and $1200 on December 1, 2006. a) What equal payments on June 1, 2007, and December 1, 2007, will be needed to settle the debt? b) If Paul paid $900 on March 1, 2006, S1200 on December 1, 2006, and $900 on March 1, 2007, what would be his outstanding balance on September 1, 2007? 10. On September 1, 2005, Paul borrowed $3000, agreeing to pay interest at 12% compounded quarterly. He paid $900 on March 1, 2006, and $1200 on December 1, 2006. a) What equal payments on June 1, 2007, and December 1, 2007, will be needed to settle the debt? b) If Paul paid $900 on March 1, 2006, S1200 on December 1, 2006, and $900 on March 1, 2007, what would be his outstanding balance on September 1, 2007