Homework: 6-1 MyFinanceLab Assignment Save Score: 0 of 4 pts 4 of 12 (0 complete) HW Score: 0%, 0 of 50 pts P6-5 (similar to) Question Help 0 (Related to Checkpoint 6.1) (Annuity payments) Mr Bill S. Preston, Esq. purchased a new house for $80,000. He paid $30,000 upfront and agreed to pay the rest over the next 30 years in 30 equal annual payments that include principal payments plus 11 percent compound interest on the unpaid balance. What will these erual payments be? a. Mr. Bil S. Preston, Esq., purchased a new house for SB0,000 and paid $30,000 upfront. How much does the need to borrow to purchase the house? s(Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer ? 1 part remaining Clear All Check Awe