Question 4 of 6 Falco Inc. financed the purchase of a machine with a loan at 4.04% compounded monthly. This loan will be settled by making payments of $8,500 at the end of every month for 10 years. a. What was the principal balance of the loan? Round to the nearest cent b. What was the total amount of interest charged? Round to the nearest cent Question 5 of 6 $0.00 Round to the nearest cent $0.00 How much money should Whitney invest today in a fund that earns interest at 3.54% compounded quarterly, if she wants to receive $4,000 at the end of every 6 months for the next 7 years? $0.00