
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
At the beginning of the year, a person borrowed 100,000 yuan from the bank for a home purchase,
(1) If he borrows from the Construction Bank at an annual interest rate of 5%, and the loan is repaid in 10 equal installments (without compounding interest), once a year, starting from the beginning of the year following the loan, how much should he pay each year?
(2) If he borrows from the Industrial and Commercial Bank at an annual interest rate of 4%, with interest compounded annually (that is, the interest of the current year is added to the principal of the next year to accrue interest), still repaid in 10 equal installments, once a year, how much should he repay each year? (Note: $1.04^{10} = 1.4802$)

Present the answer in LaTex format: \boxed{Your answer}
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