aining Time: 1 hour, 24 minutes, 40 seconds stion Completion Status: 10 points Sa borrowed $30,000 to finance the educational expenses for your senior year of college. The loan will be paid off over 10 years. The loan carries an interest rate o per year and is to be repaid in equal annual installments over the next ten years. Assume that the money was borrowed at the beginning of your senior year and the first installment will be due a year later. Compute the amount of the annual installments (approximately) aining Time: 1 hour, 24 minutes, 40 seconds stion Completion Status: 10 points Sa borrowed $30,000 to finance the educational expenses for your senior year of college. The loan will be paid off over 10 years. The loan carries an interest rate o per year and is to be repaid in equal annual installments over the next ten years. Assume that the money was borrowed at the beginning of your senior year and the first installment will be due a year later. Compute the amount of the annual installments (approximately)