Intro Your company took out an amortizing loan with the following terms: A B. 1 Amount 7,000 2 Term (years) | 30 3 Interest rate 4% Part 1 Attempt 1/6 for 10 pts. What is the annual payment (as a positive number)? Use Excel's PMT() function. 0+ decimals Submit Part 2 Attempt 1/6 for 10 pts. Create an amortization table in Excel. What is the outstanding balance at the end of the first year? 0+ decimals Submit Attempt 1/6 for 10 pts. Part 3 What is the outstanding balance at the end of year 20? 0+ decimals Submit Attempt 1/6 for 10 pts. Part 4 What is the outstanding balance at the end of year 30? 0+ decimals Submit