A bank loan requires you to pay $81,500 at the end of each of the next eight years. The interest rate is 8%, a. What is the present value of these payments? b. Complete the following amortization table. Complete this question by entering your answers in the tabs below. What is the present value of these payments? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. A bank loan requires you to pay $81,500 at the end of each of the next eight years. The interest rate is 8%. a. What is the present value of these payments? b. Complete the following amortization table. Complete this question by entering your answers in the tabs below. Complete the following amortization table. Note: Negative amounts should be indicated by a minus sign. Round intermediate calculations and final answers to the nearest whole dollar amount