Q13-Q15 13. Suppose you borrow $10,000. The interest rate is 5%, and it requires 4 equal end-of-year payments. In the amortization table, what's the monthly payment? A. $2,820.12 B. $2,920.12 C. $2,950.12 D. $3,050.12 14. What's the first-year interest payment? A. $400 B. $500 C. $600 D. $700 A B 15. what's the ending balance at the end of year 1 . A. $7,679.88 B. $7,437.88 C. $7,179.88 D. $7,327.88 A B C D