1 You borrow money on a self liquidating installment loan Tequal payments at the end of each you teach payment is part principal part Interest) Loan amount $319,000 interest Rate 17.4% Life 65 years Date of Loan January 1, 2021 Use the installment method - not straight line Do NOT round any intermediate numbers, Do NOT turn this into a monthly problem Do NOT put in minus signs, answer all positive numbers Required: 1. What is the annual payment tround to the nearest $1? $ 2. What are the total interest payments (round to the nearest $1? $ 3. After 36 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point? 4. After 36 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage point