Youare told that a note has mepayment terms of $900 per quarter for 6 vears, with astated interest rate of 45 how much of the total payment is for principol, and how much is for interest? Calcilate usine (a) financial calculator or (b) Excel function PV, (Round onmers to 2 dedimal places, es 5,275.25. Total payment for principal Total interest Determine if the total interest will be higher or lower than wth an annual pryment The total interest will be than with an anrual parment