Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicat 2. How much is the equal annual payment of principal and interest due at the end of each year? 3. What is the total amount of interest expense that will be reported over the life of the note? 4. Prepare the horizontal model and record the journal entries, to show the equal annual payments of principal and i at the end of each year. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg A RegB Reqc Req D Reg E1a Reg Elb Reg E2 Req E3 Req E4a Reg E4b What is the present value of $30,000 to be paid at the end of 22 years, using an interest rate of 18%? (Round your answer to 2 decimal places. (e.g. 32.16)) Present Value $ 5.518.22% O DI a @