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5. (5 points) A 20-year loan of 20,000 is repaid by 20 level annual payments at the end of the year. The amount of principal

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5. (5 points) A 20-year loan of 20,000 is repaid by 20 level annual payments at the end of the year. The amount of principal repaid in the 18-th payment is exactly 3 times the amount of principal repaid in the 1-st payment. What is the amount of yearly payment? A. 1921.23 B. 1840.56 c. 1766.72 D. 1699.35 E. 1634.88

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