1. You bought an asset for $10,000 and sold it for $20,000 after 10 years. What was the annual rate of return on this investment? (2 points) Enter your answer 2. You borrow $100,000 to buy a house; if the annual interest rate is 6% and the term of the loan is 20 years, what is the annual payment required to retire the mortgage loan? (2 Points) Enter your answer 3. An investment is expected to generate $1,000,000 each year for 4 years. the firm's cost of funds is 10%, what is the maximum amount the firm should pay for the investment? (2 Points)