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What size loan must we take today with a 10% compound interest rate to have end-of-year payments of $1400, $1320, $1240, $1160, and $1080 for

What size loan must we take today with a 10% compound interest rate to have end-of-year payments of $1400, $1320, $1240, $1160, and $1080 for the next five years, respectively? In other words, if you take out a loan today, and after making all five payments, above, the loan is paid off, what is the value of that loan? (10 points) Draw the cash flow diagram for this scenario (10 points)

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