Saved Lowlife Company defaulted on a $160,000 loan that was due on December 31, 2016. The bank has agreed to allow Lowlife to repay the $160,000 by making a series of equal annual payments beginning on December 31, 2017. (FV of $1, PV of $1, FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. Table or calculator function: Present Value: n a Annual Installment Prey 4 of 4