Ian and loan his friend 25000 to start a new business he considers this considers this slow to be an investment and therefore requires his friend to pay him an interest rate of 9% on alone he also expects his friend to pay back alone over the next 4 years by making annual payments at the end of each year I'd text and ask that you help him calculate the annual payments that he should expect to receive so that he can receive his initial investment and earn the agreed upon 9% Send a physical investment calculate the annual payment and complete the following capital recovery schedule year one beginning amount payment interest paid principal paid and ending balance Year 2, Year 3 year 4 Dating the beginning amount payment interest paid principal paid and ending balance ending at my is ending at minus 0.01 In the 4th year