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You borrow money on a self liquidating installment loan (equal payments at the end of each year, each payment is part principal part Interesa Loan amount $039,000 interest Rate 12.4% Life 49 years Date of Loan January 1, 2021 Use the Installment method - not straight line DO NOT round any intermediate numbers. Do NOT tum this into a monthly problem. Do NOT putin minus signs, answer all positive numbers. Required: 1. What is the annual payment (round to the nearest $17 $81983 2. What are the total interest payments (round ta the nearest $ye 53338152 3. After 20 payments have been made, what percentage of the total interest has been paid fround to the nearest percentage point 4710 4. Adet 20 peryments have een made, what percentage of the total principal has been paid round to the nearest percentage point 905 Redo the problem in the interest rate is 2" or a web designed spreadsheet this should take 30 seconds Required: 3. What is the annual porument cround to the nearest $) $21222 8. What are the total interest payments round to the nearest S30BS 7. Ater 20 peryments have been made what percentage of the total interest has been pad round to the carest arcentage point 8. Arte za payments have been made what percentage of the principal has been around to the nearest percentage point You borrow money on a self liquidating installment loan (equal payments at the end of each year, each payment is part principal part Interesa Loan amount $039,000 interest Rate 12.4% Life 49 years Date of Loan January 1, 2021 Use the Installment method - not straight line DO NOT round any intermediate numbers. Do NOT tum this into a monthly problem. Do NOT putin minus signs, answer all positive numbers. Required: 1. What is the annual payment (round to the nearest $17 $81983 2. What are the total interest payments (round ta the nearest $ye 53338152 3. After 20 payments have been made, what percentage of the total interest has been paid fround to the nearest percentage point 4710 4. Adet 20 peryments have een made, what percentage of the total principal has been paid round to the nearest percentage point 905 Redo the problem in the interest rate is 2" or a web designed spreadsheet this should take 30 seconds Required: 3. What is the annual porument cround to the nearest $) $21222 8. What are the total interest payments round to the nearest S30BS 7. Ater 20 peryments have been made what percentage of the total interest has been pad round to the carest arcentage point 8. Arte za payments have been made what percentage of the principal has been around to the nearest percentage point