Suppose you have just borrowed $50.078 at an annual interest of 5.8% and must repay the loan in equal instaliments at the end of each of the next 18 years. 8y how much would you reduce the amount your owe (that is, principolf at the end of the first year? (Hint: Compute annual foan payment first and then the loan amortization schedule for the first year.) $1.655.29 51,65329 $1,64929 $164729 51,659.29