uppose you want to negotiate with the bank to defer the first loan installment until the end of year 2. (But you still desire to make five equal installments at 7 nterest.) If the bank wishes to earn the same profit, what should be the new annual installment? uppose you want to negotiate with the bank to defer the first loan installment until the end of year 2. (But you still desire to make five equal installments at 7 nterest.) If the bank wishes to earn the same profit, what should be the new annual installment