Your are going to take out a loan of $115,000 to undertake a project. The loan would be repaid by making quarterly loan payments of $7,865 40 starting three months from now, and the interest rate would be 15% p.a. compounded annually. You want to find out how many quarterly payments you need to make. Answer the following questions, and choose the closest answer from the possible choices following each question: Choose Choose Choose This question is an example of (Answer General Annuities Dues, Ordinary Simple Annuities, Ordinary General Annuities, or Simple Annuities Dues) Which TVM variable in the financial calculator should be set equal to zero when solving for the number of payments? How many quarterly payments do you need to make? If interest is compounded annually, the effective interest rate over one payment interval is _%. If the interest is compounded quarterly instead of annually, for how long in years) can you completely repay the loan? If interest is compounded quarterly instead of annually, the loan's effective annual rate is _%. Choose + Choose Choose +