You get a twenty year amortized loan of 100,000 with a 5.5% annual interest rate what are the annual payments? A 8,718 b 37,689 c 8,368 d 7,024 You would like to have 500,000 in 20 years for retirement and plan to put away 14,000 each year end of year. What is the minimum interest rate that you would need to receive 500,00? A 6.5% b 5.72% c 5% d 4.5%