Loan payment Determine the equal, annual, end-of-year payment required each year over the life of the loan shown in the following table to repay it fully during the stated term of the loan. (Click on the icon here table below into a spreadsheet.) in order to copy the contents of the data Principal $47.000 Interest rate 12% Term of loan (years) 4 The amount of the equal, annual, end-of-year payment, CF, is $ (Round to the nearest cent.)