Question 1 Starlight Itd. is currently evaluating an investment in a new type of telescope for retail use. The investment time horizon is 4 years and the management is considering their choices of long-term financing, that would coincide with the investment's time horizon. An option is to apply for a 180,000 bank loan that would cover part of the initial outlay of the investment. The managing director is aware that the interest rate to be charged by the bank is 12% (fixed), however she would like to have a picture of the annual installments, so as to be able to plan the company's financial cash flows. You are cord in calculate the annual installment of the loan and present and capital elements to the managing director