Suppose that you take out a $200,000, 20-year mortgage loan to buy a condo. The interest rate on the loan is 6%, and payments on the loan are made annually at the end of each year. bed a. What is your annual payment on the loan? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What fraction of your initial loan payment is interest? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) c. What fraction of your last loan payment is interest? (No amortization table is required.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) d. What fraction of the loan has been paid off after 10 years? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) apk nt ences a. Annual payment b. Interest percent of first loan payment c. Interest percent of last loan payment d. Fraction of loan paid off % % % 26 sty