Payments on a 10,000 loan are made quarterly in arrears (at the end of each quarter) for 10 years. The annual effective interest rate is 7%. Find the quarterly payment. 2. For the loan in question 1, find the principal outstanding immediately after the 6th payment. 3. For the loan in question 1, determine the total amount of interest payable on the loan. 4. For the loan in question 1, find the interest and principal paid in the 10th payment. 5. For the loan in question 1, find the total interest paid in the final two years of the loan.