Bacik to Assignment alog and Study Tools Attempts Keep the Highest/1 14. Loan amortization and capital recovery ege Success Tips Tan loaned his friend $20,000 to start a new business. He considers this loan to be an imestment, and therefore requires his friend to pay him an interest rate of 74. on the loan. He also expects his friend to pay back the losc over the next four years by making annual payments at the end of each yeac Ian texted and asked that you heip him calculate the anmual payments that he should expect to receive so that he can recover his initisl investment and earn the agreed-upen 7 the on his investment, e Feedback Calculate the annual payment and complete the following capital recovery schedule