Q14) You need a loan to purchase new equipment. The loan will be paid off over 14.0 years with payments made at the end of every quarter. If the stated annual rate is 13.08% and quarterly payments are $808.00, what is the loan amount? (1.5 points) Q15) You would like to purchase a car for $6,161.00. If the car loan is 9.88% financed over 3.0 years, what will the monthly payments be for this car? (1.5 points) Q16) What is the most that you would pay for an investment that promises to pay $22,990.00 a year forever with the first payment starting one year from now? Assume that your required rate of return for this investment is 17.64%. (1.5 points) Q17) A loan has a stated annual rate of 14.72%. If loan payments are made monthly and interest is compounded monthly, what is the effective annual rate of interest? (1.5 points) Q18) You invest $2,922.00 at the beginning of every year and your friend invests $2,922.00 at the end of every year. If you both earn an annual rate of return of 7.15% , how much more money will you have after 22.0 years? (2 points)