Cash-flow A consists of a level annuity of 3 equal payments of $18,129 starting in year 9 and a lump sum of $186,985 in year 14. If the interest rate is 3.45%, what is the present value of cash- flow A? You take out a bank loan for $28,037 today. You need to pay the loan back over the next 18 years with 18 equal payments, starting next year. If the interest rate on the loan is 4.17% APR compounded annually, how big are the payments