QUESTION THREE A)A loan of K120,000 is repayable by equal quarterly payments for 25 years. The effective rate of interest is 6% pa. Find the interest portion of the first payment. [10 Marks] B)A loan of K4,000 is repayable by equal monthly payments for 5 years. Interest is payable at a rate of 7% pa effective. Calculate the interest paid and the capital repaid in the 4 th year. [4 marks] C) Explain the different asset classes for investment consideration