QUESTION 16 Your sister just had a child. She wants to start a college fund for him. She decides that in 18 years, she wants to have $120,000 dollars in the account of the account earns 8% annually, how much should your sister deposit at the end of each year? You are currently buying a house from a family friend for $100,000 The friend wants you to only pay one time per year at the end of the year for four years with an annual compounding period. Your friend wants to have an amortired loan with an interest rate of 4%. Unfortunately, she has never put together an amortization table. You reply, "I just learned about putting together an amortisation table in my business Finance class. Let me show you the payment member, the annual reakdown of beginning balance, annual payment, principal payment interest payment, and the ending balance each year In the space below, please put an amortisation table together to help out your friend and to get credit for this question) QUESTION 19 What is the present value of receiving $3,000 payments at the end of each year forever if the interest rate is 5.547