Question 19 Jem borrowed $15,000 from her uncle, but stated that she won't be able to make the first payment right away. When her uncle asked, Jem boldly claimed that she can make the first payment in on the fifth year. Her uncle agreed, and made it clear that the amount is payable in 3 years. If the interest rate is at 10% compounded quarterly, A $6,482.94 B $8,337.15 C $9,026.76 D $5,797.29 Question 20 Annuity Due is a type of annuity wherein the payment is made at the beginning of each period. A True B False