Question 5 of 9 Trevor received a loan of $12,000 at 4.50% compounded quarterly. He had to make payments at the end of every quarter for a period of 1 year to settle the loan. a. Calculate the size of payments. 0.00 Round to the nearest cent Katherine purchased a house for $325,000. He made a down payment of 30.00% of the value of the house and received a mortgage for the rest of the amount at 3.92% compounded semi-annually amortized over 25 years. The interest rate was fixed for a 4 year period. a. Calculate the monthly payment amount. $0.00 Round to the nearest cent b. Calculate the principal balance at the end of the 4 year term. $0.00 $0.00 Round to the nearest cent c. Calculate the monthly payment amount if the mortgage was renewed for another 4 years at 6.32% compounded semi-annually? $0.00 Round to the nearest cent