Fully amortized loan (annual payments for principal and interest with the same amount each year). Chuck Ponzi has talked an elderly woman into loaring him $40,000 for a new business venture She has, however, successfully passed a finance dass and requires Chuck to sign a binding contract on ropayment of the $40 000 with an annual interest rate of 11% over the next 20 years Determine the cash flow to the woman under a fully amortized loan, in which Ponzi will make equal annual payments at the end of each year so that the final payment will completely retire the ongina 540,000 loan What is the amount of payment that the woman will receive at the end of years 1 through 207 (Round to the nearest cent)