1 Today, you borrowed $100,000 at 4% annual interest. You will repay the loan with 12 annual payments of equal amounts. What is your annual payment amount? 3 points Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50. X 01:27:09 Numeric Response