me. 20. 15.99 stion 2 Suppose you take a 8 year loan of $20,000 with an interest rate of 12% and annual payments starting at the end of year 1. What are the annual loan payments? Help Enter your response below. 4,026.06 Correct response: 4,026.06+1 Click "Verity" to proceed to the next part of the question. The loan payments are 54026.06 per year, Suppose you decide to pay off the loan at time 4 How much would you have to pay (including the time 4 payment), assuming there are no penalties for early repayment? Enter your response below, Number Click "Verify" to proceed. Section Attempt 1 of 1 Vertly