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26 Seved Help Save & Exit Sandusky Company borrowed $18,000 from the Lakeside Bank by Issuing a 10% three-year installment note. Sandusky agreed to repay

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26 Seved Help Save & Exit Sandusky Company borrowed $18,000 from the Lakeside Bank by Issuing a 10% three-year installment note. Sandusky agreed to repay the principal and interest by making annual payments in the amount of $7.238.07. Based on this information, the amount of the interest expense associated with the second payment would be: (round your answer to the nearest dollar) Multiple Choice $1900 $804 Oo oo O $1256 52.43 ere to search

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