What is the future value of a 5-year ordinary annuity with annual payments of $ 2,120, evaluated at a 18.16 percent interest rate? Enter your answer to the nearest $.01. Do not use $ or, signs in your answer. Enter your answer as a positive number. Your Answer: Answer You are planning on taking a loan for $ 64,000. You will repay the loan in annual payments over the next 10 years and the loan has a stated interest rate of 7 %. For the very last payment on your loan, how much of this is repayment of principal? For example, if the loan payment is $400 of which $30 is interest and $370 is principal, your answer is $370. Enter your answer to the nearest $.01. Do not use $ or, signs in your answer. Enter your answer as a positive number. Your