P6-6 (similar to) Question Help (Annuity payments) Emily Morrison purchased a new house for $140,000. She paid $30,000 upfront and agreed to pay the rest over the next 15 years in 15 equal annual payments that include principal payments plus 9 percent compound interest on the unpaid balance. What will these equal payments be? a. Emily Morrison purchased a new house for $140,000 and paid $30,000 upfront. How much does she need to borrow to purchase the house? (Round to the nearest dollar.)