what is annual installment

Lowlife Company defaulted on a $170,000 loan that was due on December 31, 2021. The bank has agreed to allow Lowlife to repay the $170,000 by making a series of equal annual payments beginning on December 31, 2022. (FV of $1. PV of $1. FVA of $1. PVA of $1, EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the required annual payment if the bank's interest rate is 10% and four payments are to be made. 2. Calculate the required annual payment If the bank's interest rate is 8% and five payments are to be made 3. If the bank's interest rate is 10%, how many annual payments of $27,667 would be required to repay the debt? 4. If three payments of $63,011 are to be made, what interest rate is the bank charging Lowlife? Complete this question by entering your answers in the tabs below.Problem Required 1 Required 2 Required 3 Required 4 Calculate the required annual payment if the bank's interest rate is 10% and four payments are answers to nearest whole dollar amount.) be made. (Round your final Table or calculator function: Present Value PVA of $1 $ 170,000 n = 10% Annual Installment: ERR