Question: Problem 1 - 2 0 points Sarah is buying a home. Her loan will be $ 1 0 0 , 0 0 0 . She

Problem 1-20 points
Sarah is buying a home. Her loan will be $100,000. She will make annual payments for the next 30 years to retire this loan. The interest rate on the loan is 4%.
A. How much will her annual payments be?
B. How much interest will she pay over the life of the loan?
. How much of her first payment will be applied to principal?
D. How much will she still owe on the loan after 10 years?Mmm
Problem 1-20 points Sarah is buying a home. Her loan will

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