A loan of 10,000 is repaid by annual payments of 1,400 each at the end of the year. How long does it take to repay the loan on the basis of an interest rate of 9% p.a.? years Enter an answer correct to 2 decimal places Suppose the payment at t = 11 is increased to repay the loan (a balloon payment). What is the value of the payment at t = 11? Enter an answer correct to 2 decimal places Alternatively, the loan may be repaid via a payment at t = 12 (a drop payment). What is the value of the payment at t = 12? Enter an answer correct to 2 decimal places