Question 1 [6 points] Stefan deposits $37.000 into an annuity that eams 6.75% interest compounded annually and which generates payents at the end of each half year for 5 years Answer the following questions For full marks your answer should be rounded to the not cont a) How much is the semiannual payment? Payment $ 0.00 b) How much of the 5th payment comes from the annuity's principal? Principal = $ 0.00 c) How much of the payments in the second you will come from the annuity's principal? Interest = $ 0.00 Question 2 [6 points] Biotech Company takes out a $18,000 loan that charges 8% interest compounded annually has fond quarterly payments of $800. Answer the following questions Forful marks your answer should be rounded to the nearest cent a) How long will it take to pay off the loan? Your answer should be rounded to the appropriate whole period 0 years, 0 months b) What is the principal component of the 10 payment? Principal = $ 0.00 c) What is the total interest paid for payments 19 through 227 Interest - $ 0.00