The interest rate on a $14,700 loan is 9.1% compounded semiannually. Semiannual payments will pay off the loan in eight years. (Do not round intermediate calculations. Round the PMT and final answers to 2 decimal places.) a. Calculate the interest component of Payment 11. Interest 307.70 b. Calculate the principal component of Payment 3. Principal $ 704.39 c. Calculate the interest paid in Year 7. Interest paid d. How much do Payments 3 to 6 inclusive reduce the principal balance? Principal reduction $ 3015.79 Monica bought a $1800 4K Ultra HD TV for 15% down, with the balance to be paid with interest at 15% compounded monthly in six equal monthly payments. Construct the full amortization schedule for the debt. Calculate the total interest paid. (Do not round intermediate calculations. Round your answers to 2 decimal places. Leave no cells blank - be certain to enter"0" wherever required.) Payment number Payment Interest portion Principal portion Principal balance $1530.00 Down Total interest The interest rate on a $110,000 loan is 7.9% compounded semiannually. The monthly payments on the loan are $800. (Round your answers to 2 decimal places.) a. Calculate the interest component of Payment 214. Interest $ b. Calculate the principal component of Payment 149 Principal C. Calculate the final payment Final payment $