15. 16. A nancing company offers an annuity that pays interest at 6.4% compounded quarterly. What equal quarterly deposits should be made into this

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15. 16. A financing company offers an annuity that pays interest at 6.4% compounded quarterly. Whatequal quarterly deposits should be made into this annuity in order to have $100,000 in 15years? An RV costs $54,780. You decide to pay a 25% down payment and amortize the rest withequal monthly payments over a 20-year period. If you pay an interest of 6% compoundedmonthly a. What is your monthly payment? b. How much total interest will you pay? 0. What is the unpaid balance after 5 years?