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 monthly at the end of each year. a. What is your annual payment on the loan? b. What fraction of your initial loan payment is interest? c. What fraction of your last loan payment is interest? d. What fraction of the loan has been paid off after 10 years?