AGEIS Ltd has applied to ANZ for a fully amortised commercial mortgage loan of $200 000. The conditions attached to the loan include an interest rate of 12.5% per annum, payable over four years by equal annual instalments. As ANZ analyst, you've estimated that AGEIS monthly cash flow would be $4000. Based on these information would AGEIS Ltd be capable making the annual payment if the loan is approved. Explain. Show all working steps leading to your answer.