Suppose you take a 9 year loan of $50,000 with an interest rate of 14% and annual payments starting at the end of year 1. What are the annual loan payments? Enter your response below. 10108.42 Correct response: 10,108.421 Click "Verify" to proceed to the next part of the question. The loan payments are $10108.42 per year. Suppose you decide to pay off the loan at time 3. How much would you have to pay (including the time 3 payment), assuming there are no penalties for early repayment? Enter your response below. Number Click "Verify" to proceed. Section Attempt 1 of 1 Verify