Priya takes out a loan from the Deep Bay Bank for $40,000 to buy a new RAV4. The interest rate changed is j26=7.32% p. a. The loan is to be repaid over 3 years with the first payment due in a fortnight's time. The terms of the loan are that it is an interest only loan for the first year (first 26 payments), at which time it converts to a fully amortized P\&l loan. a) Illustrate all the cash flows associated with this scenario as a fully labelled timeline diagram. b) Determine the size of the fortnightly payments made during the first year. c) Determine the size of the outstanding principal at the end of the first year. d) Determine the size of the fortnightly payments during the P\&I phase of the loan