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32. Question 34 of 50 33. o 34 35 36. Your bank offers to lend you $114,400 at an 8.5% annual interest rate to start
32. Question 34 of 50 33. o 34 35 36. Your bank offers to lend you $114,400 at an 8.5% annual interest rate to start your new business. The terms require you to amortize the loan with 10 equal end-of-year payments. How much interest would you be paying in Year 2? O a $10,428.81 O b. $8,615.10 O c $9.068.53 d. $7.254.82 e. $8,161.67 37 38. O 39. 40
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