Score: 0 of 1 pt 12 of 16 (2 complete) W Score: 7.5%, 1.2 of 16... P4-20 (similar to) Question Help Fully amortized loan (annual payments for principal and interest with the same amount each year). Chuck Ponzi has talked an elderly woman into loaning him $30,000 for a new business venture. She has, however, successfully passed a finance class and requires Chuck to sign a binding contract on repayment of the $30,000 with an annual interest rate of 6% over the next 15 years. Determine the cash flow to the woman under a fully amortized loan in which Ponzi will make equal annual payments at the end of each year so that the final payment will completely retire the original $30,000 loan What is the amount of payment that the woman will receive at the end of years 1 through 15? (Round to the nearest cent.)