4. You purchase a home for $100,000 with a 20-year mortgage at 12%. If you make annual mortgage payments that pay the interest and reduce the principal, by how much is the loan reduced at the end of the first year? (5 Points) Enter your answer 5. A person has an individual retirement account and can deposit $2,000 a year. What will be the difference in the amount in the account if this investor earns 8% instead of 6%? (5 Points) Enter your answer 6. The Big-Sox currently have 30,000 spectators per game and anticipate annual growth in attendance of 9%. If the Big Stadium holds 65,000 people, how long will it take for the team reach capacity? (5 Points)