Question: QUESTION 5 20 points Save Answer You receive a 4-year $15,000 negative amortization loan with an interest rate of 11% p.a., to be repaid in

QUESTION 5 20 points Save Answer You receive a 4-year $15,000

QUESTION 5 20 points Save Answer You receive a 4-year $15,000 negative amortization loan with an interest rate of 11% p.a., to be repaid in four annual installments. The loan requires that you make total payments of $300 at t= 1, $100 at t=2, and $400 at t=3, with the remaining loan balance paid at maturity. What is the total payment amount at t = 4, rounded to the nearest dollar

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