If Michael has $50,600.00 to invest in an investment that makes fixed monthly payments of $960.00, how many monthly payments will he receive if he receives his first fixed monthly payment today and his return is 1.00% per month?(round the value to 100th decimal) 10 points Save Answer QUESTION 2 What is the quarterly interest rate for David's loan if he borrowed $5,300.00 today, he must make equal quarterly payments of $820.00, with the first quarterly payment due later today and the last quarterly payment due in 6 quarters? (Round the value to 100th decimal)