Valdez construction signed a note with a payment of $5200 per quarter for 5 years. Find the amount they must set aside today to satisfy this capital requirement in an account earning 8% compounded quarterly. 5. An insurance settlement includes an $840 monthly payment for 3 years. Find the amount that must be set aside today, in an account earning 12% per year compounded monthly, to satisfy this financial obligation. 6. Rose and Eklind purchase a building for their offices and make a $25,000 down payment. They finance the balance of $225,900 for 20 years at 8%. a. Find the total monthly payment given taxes of$5938 per year and insurance of $3638 per year. b. Assume that insurance and taxes do not increase and find the total cost of owning the building for 20 years ( including the down payment)