Problem 8-8 (algorithmic) Question Help Saharan Debt Negotiations. The country of Sahara is negotiating a new loan agreement with a consortium of international banks. Both sides have a tentative agreement on the principal-5220 milion. But there are still wide differences of opinion on the final interest rate and maturity. The banks would like a shorter loan, four years in length, while Sahara would profor a long maturity of six years. The banks also boleve the interest rate wil need to be 12.252% per annum but Sahara believes that is too high, arguing instead for 11.754%. The initial values are shown in the table: B & What would be the annual amortizing loan payments for the bank consortium's proposal? b. What would be the annual amortizing loan payments for Sahara's loan preferences? c. How much would annual paymenls drop on the bank consortium's proposal if the same loan was stretched out from four to six years? 1. What would be the annual amortzing loan payments for the bank consortium's proposal? The annual amortizing loan payments for the bank consortum's proposal le S 72,816,361" (Round to the nearest dollar.) b. What would be the annual amortizing loan payments for Sahara's loan preferences? The annual amortzing loan payments for Sahara's loan preferences is $ 53,137, 389" (Round to the nearest dollar.) e. How much would annual payments drop on the bank consortium's proposal if the same loan was stretched cut from four to sx years? it the same can was stretched out from four to six years, the annual payments would drop on the bank consortium's proposal by $1. (Round to the nearest dollar.)