Question 3 of 8 A design studio received a loan of $5,850 at 6.50% compounded semi-annually to purchase a camera and settled the loan in 2 years by making quarterly payments. a. What was the size of the payments? $842.18 O $703.51 SAVE PROGRESS SUBMIT ASSIGNME N w hp Lesson Close Date: Thu, Aug 6, 2020 10:00 PM Question 3 of 8 /2) b. What was the interest portion on the first payment? 4) -2) $94.30 O $190.13 (8) O $1.52 (7) $3.06 E SAVE PROGRESS SUBMI 2001- Teste.pdf P w hp Lesson 10 Online Homework Close Date: Thu, Aug 6, 2020 10:00 PM QUO Questions Question 1 (3) Question 3 of 8 Question 2 (2/2) c. What was the balance of the loan at end of the first year? Question 3 (4) O $3,350.79 Question 4 121 $3,018.54 Question 5 (6) $2.380.74 Question 68) O $5,850.01 Question 7 (7) SAVE PROGRESS SUBMIT ASSIC w TB ( ) 5 7 8 9 0 = back T OM R T Y > U - P O [ ] 7 hom . F G H J L : . enter V B ? pouse N M / tshirt Lesson 10 Online Home work Close Date: Thu, Aug 6, 2020 PM uestions Question 1 (3) Question 3 of 8 Question 2 (2/2) d. What was the interest portion on the last payment? Question 3 (4) $25.12 Question 4 (2) 594 30 Question 5 16 $12.46 Question 6 Question 7 $92.81 SAVE PROGRESS SUBMIT ASSIG e hp Dr. die ) 8 9 o . bacete R Y ) O P [ ] 7 F G H J L . 2 enter V ? > B pouse N M 1