A $10,000 loan is to be amortized over 5 years, with annual end-of-year payments Given the following facts, which of these statements a correct? a The annual payments would be larger if the interest rate were lower. If the loan were amortized over 10 years rather than 5 years, and if the interest rate were the same in either case, the first payment would include more d -" interest under the 5-year amortization plan. The last payment would have a higher proportion of interest than the first payment. The proportion of interest versus principal repayment would be the same for each of the 5 payments. The proportion of each payment that represents interest as opposed to repayment of principal would be higher if the interest rate were higher