35. You have approached a loan and chit fund company for an eight-year loan of 10,000; payments to the company to be made at the end of year. The loan officer informs you that the current rate of interest on the loan is 12% and that the annual payment will be 2013. Show that this annual cash flow provides a rate of return of 12% on the bank's investment of *10,000. Is 12% the true interest rate to you? In other words, if you pay interest of 12% on your outstanding balance