4. Present value of annuity. Jonas will pay $5000 per year (at end of year) for loan that has an implicit rate of 9%. He will have paid off the loan at the end of the 4th year. What is the present value of the loan? (assume annual compounding) and show the amortization table. 5. Combo problem. This requires you to solve for the present value of an annuity, and the present value of a single sum, then add them together. What is present value of the following cash flows: You will receive $10,000 at the end of each year for the next five years. In addition, at end of fifth year, you will also receive a lump sum payment of $100,000 (a) The interest rate is 12%, annual. (b) The interest rate is 8%, annual (c) The interest rate is 10% annual