a. If you borrow $1,900 and agree to repay the loan in five equal annual payments at an interest rate of 12%, what will your payment be? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Amount of payment $ b. What if you make the first payment on the loan immediately instead of at the end of the first year? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Repayment amount