QUESTION 7 How much will a person have to pay each year in six (06) equal payments, starting two years from now, to repay the current $90,000 loan? The interest rate is 8% per year. Hint: Set the current loan value to be equal to the present value of the payments. arT o 1 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | Loan Repayment, $ AAAAAA.. $21,025 Year O $21,205 $24,205 O $25,000 QUESTION 8 Determine x, if equivalent uniform cash flow in years 1 through 10 is $250, with interest rate of i=10%. Year 0 1 2 3 4 5 6 7 8 9 10 | Cash Flow, $10 230 230 X 230 230 230 230 230 230 230 O $425 $395 $295 $335