You owe $200,000 on a mortgage loan. You wish to repay the loan with 10 equal payments, one at the end of each year for the next 10 years, and a separate final $120,000 payment at the end of 18 years (from now). What is the appropriate amount of each of the 10 equal annual payments? The interest rate is 8% compounded annually. $30,030 $29,806 $11,922 $25,331 $34,281 $38,089 $28,428 $21,522