Preparing for Finance - HP 10 Bil Financial Calculator 11 0 x Attention Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more 6. Loan amortization Aa Aa B A bank just approved your small business loan for $30,000. The loan has an interest rate of 7.0% and will be repaid with 10 end-of-year payments. What is the required annual loan payment? O $4,373.14 $4,271.33 $3,254.91 $3,116.40 $3,642.15 Halfway through the loan's life, what is the loan's remaining balance? $17,513 $17,342 $14,736 $15,557 $15,288 What percentage of the total payments made during the first five years will be made toward interest? 0 54.56% 43.64% 41.53% 47.59% 52.93% AARA 23