Question 1 [6 points] Calculate the principal and interest portions of the specified series of payments for this ordinary annuity, and give the balance remaining after those payments. For full marks your answer should be rounded to the nearest cent. Principal Interest Payment Payment Frequency Loan Term Payment Series to Principal Interest Find (inclusive) Paid Paid Balance After Payment $55,000.00 7.75 % compounded annually $3,976.61 Semi-annual 10 years 3 to 13 0.00 0.00 0.00 CAN