Hayley makes annual end-of-year payments of $6,260.96 on a five-year loan with an 8 percent interest rate. The original principal amount was A. $30,000 B. $31,000 C. $25,000 D. $20,000 Hayley makes annual end-of-year payments of $6,260.96 on a five-year loan with an 8 percent interest rate. The original principal amount was A. $30,000 B. $31,000 C. $25,000 D. $20,000