b) (10 points) If you had to amortize a lump sum payment of 100,000 into a uniform annuity stream with 20 consecutive annual payments at an APR of 12%, what is the size of a single annual payment in the amortized cash flow stream?

b) (10 points) If you had to amortize a lump sum payment of 100,000 into a uniform annuity stream with 20 consecutive annual payments at an APR of 12%, what is the size of a single annual payment in the amortized cash flow stream