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of each year. 14. A $100,000 loan requires equal annual end-of-year payments of $38,803.35 EXCEL for three years. a. What is the annual interest rate? ime Value of Money b. Construct a loan amortization schedule to include the amount of interest and principal paid each year as well as the remaining balance at the end of each year. est rate? 16. An investment promises to return $8,000 at the end of each of the next eight years and then $3,000 at the end of each of the remaining seven years (years 9 through 15). What is the value of this investment today at a 9 percent interest rate