Question Completion Status: For 2(a) (c) using the following information. You borrow $10.000 today with interest rate 7%, and you plan to pay the bank back with 7 equal annual payment. Let us assume the first payment happen at the end of each year. Principal beg. year Year Payment end year Interest Principal 2 3 4 5 6 7 8 2(a) how much is the annual payment? QUESTIONS You borrow $10,000 today with interest rate 7%, and you plan to pay the bank back with 7 equal annual payment 2(b) How much is the interest payment for year 3? QUESTION 6 You borrow $10,000 today with interest rate 7%, and you plan to pay the bank back with 7 equal annual payment. 2(C) How much is the balance of principle at the end of year 72