Lou Gehrig was major league baseball's MVP in 1927. His annual salary that year was $8,000. The MVP for 2019 was Mike Trout, earning $36,000,000 per year. What is the annual rate of salary appreciation over those years? Enter your answer as a full percentage number. For example, If your answer is 12.33% you must enter 12.33 only. Do not enter the "%" sign. Question 26 3.5 pts On January 1, you borrowed $21,168 from your parents and have agreed to amortize the loan over 6 years making equal annual payments at the end of each year. Therefore at the end of that time the loan balance must be zero. You offered to pay 3.92% interest rate on the loan. What would be the balance on the loan at the beginning of the second year? Round to the nearest penny and enter your answer in the box below. Lou Gehrig was major league baseball's MVP in 1927. His annual salary that year was $8,000. The MVP for 2019 was Mike Trout, earning $36,000,000 per year. What is the annual rate of salary appreciation over those years? Enter your answer as a full percentage number. For example, if your answer is 12.33% you must enter 12.33 only. Do not enter the "%" sign. On January 1, you borrowed $21,168 from your parents and have agreed to amortize the loan over 6 years making equal annual payments at the end of each year. Therefore at the end of that time the loan balance must be zero. You offered to pay 3.92% interest rate on the loan. What would be the balance on the loan at the beginning of the second year? Round to the nearest penny and enter your answer in the box below