Q&A from On x Lu Homework: Time Value of Money Question 9 - Homework: Time Va x Fox News - Breaking News Upda x + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fr The Worldwi... Shalimar Weather -... G Google https://searchsafe.n.. New Tab Bookmarks ework: Time Value of Money Assignment i Saved 9 a. If you borrow $2,800 and agree to repay the loan in five equal annual payments at an interest rate of 12%, what will your payment be? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 64 points Amount of payment Skipped eBook Print b. What will your payment be if you make the first payment on the loan immediately instead of at the end of the first year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Amount of payment Mc Grav