B =PMT(B3,B4,-B5) Loan Annual (End-of-year) repayment Interest Rate, i Years, n Amount of Loan from Bank 15 $250,000 er to the screenshot above. Jack seeks a loan of $250,000 from his bank. If repayments are annual in arrears (end-of-year), and bank charges 9% p.a compounding monthly, what is the value he needs to enter to cell B3? (Answer in percentage to two cimal places, do not include % sign eg. 12.00) swer