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The Vanilla Gorilla Ice Cream Company has incurred $ 2 2 0 , 0 0 0 in startup costs. These debts earn interest at a

The Vanilla Gorilla Ice Cream Company has incurred $220,000 in startup costs. These debts earn interest at a rate of 7.7% compounded quarterly. Suppose the company is able to make payments of $7500 at the end of each quarter.
a) Calculate the interest and principal portions of payment 15. Enter the interest portion in the first entry field and the principal portion in the second. (4 marks)
b) What is the size of the final payment? Place this answer in the third entry field. (6 marks)
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