Question 7 Upon graduation, Jeffrey Feldhusen borrows $12,800 to finance a late model used car. The loan is made by a family member who wishes to have equal annual payments at 9 % over 4 years. Click here to access the TVM Factor Table Calculator How much are the annual payments? $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +5. How many total dollars of interest does Jeffrey pay over the life of the loan? $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 5. How much of the second payment goes to pay interest? $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 5. How much of the second payment goes to pay principal? $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 05. Develop a table. Year Beginning Balance Loan Payment Interest Payment Principal Payment Ending Balance Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 5