3 of 6 (4 complete HW Score: 57.14%, 4 of pts Score: 1 of 2 pts P6-6 (similar to) Question Help (Annuity payments) Emily Morrison purchased a new house for $200.000. She paid $60.000 upfront and agreed to pay the rest over the next 20 years in 20 equal annual payments that include principal payments plus 9 percent compound interest on the unpaid balance. What will these equal payments be? a. Emily Morrison purchased a new house for $200,000 and paid $60,000 upfront. How much does she need to borrow to purchase the house? $ 140000 (Round to the nearest dollar) b. If Emily agrees to pay the loan over the next 20 years in 20 equal end-of-year payments plus 9 percent compound interest on the unpaid balance, what will these equal payments be? $ (Round to the nearest cent.)