2. A firm would like to finance an investment by taking out a loan that requires 10 fixed annual payments, with the first payment due in one year. The bank will require a return of 6.5% on this loan. The firm plans to borrow $450,000 using this loan. Use annuity formulas to answer the questions below. a. What will the firm's annual payments be? b. Check your calculation by computing the present value of those annual payments, using the rate of return given above. Is it equal to the loan amount? c. What would the first annual payment be, if the firm wanted the annual payments to grow at a rate of 4% each year? d. What would the last payment be