Nicholas received a loan of $40,000 at 5.25% compounded quarterly. He had to make payments at the end of every quarter for a period of 6 years to settle the loan. a. Calculate the size of payments. 1,953.75 Round to the nearest cent b. Fill in the partial amortization schedule for the loan, rounding your answers to two decimal places. Payment Payment Number Interest Portion Principal Portion Principal Balance 540,000.00 50.00 $174.24 $1.584.69 538 415 32