Suppose you take out a 30-year mortgage for $100,000 with annual payments. The interest rate on the mortgage is 8%. When you have paid off half the mortgage, so that the value of the remaining payments is reduced to $50,000, how many more payments need to be made? 7) A) Approximately 8 payments B) Approximately 15 payments C) Approximately 12 payments D) Approximately 20 payments