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48. Suppose you borrowed $15,000 at a rate of 10.0% and must repay it in 5 equal installments at the end of each of the

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48. Suppose you borrowed $15,000 at a rate of 10.0% and must repay it in 5 equal installments at the end of each of the next 5 years. How much interest would you have to pay in the first year? a. $1,680.00 b. $1,410.00 $1,500.00 d. $1,380.00 $1,710.00 c. e

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