Tan losned his frend $20,000 to start a new business. He considers this loan to be an investment, and therefore requires his friend to pay him an Irverest rate of 75 on the loan, He also expects his friend to pay back the loan over the next four years by making annual payments at the end of veoch year, Ian texted and asked that you help him caiculate the annual payments that he should expect to recelve so that he can recover his initial investment and earn the agreedrupon 7% on his investement: Colculate the annual payment and complete the following capital recovery schedule