Emma takes out a loan of $39,000 from Westpac for her small business at 7.0% APR and promises to pay it back over 12 years with equal annual payments. 8 years after taking out the loan (just after the 8th payment is made), she decides to refinance her loan at a lower rate of 4.0% APR offered by National Australia Bank (NAB) for the remaining term of the loan. Assume she can do so immediately and there are no refinancing costs or other charges. A) Emma's original annual payments were (Round to two decimal places.) B) Emma's outstanding loan balance after 8 years is $ (Round to two decimal places.) C) Emma's new annual payments under new refinancing will be $ (Round to two decimal places.)