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A bank just approved your small business loan for $30,000. The loan has an interest rate of 6.5% and wil be repaid with 10 end-of-year

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A bank just approved your small business loan for $30,000. The loan has an interest rate of 6.5% and wil be repaid with 10 end-of-year payments. What is the required annual loan payment? $3,642.15$4,456.43$4,173.14$2,980,59$4,271,33 Halfway through the loan's life, what is the loan's remaining balance? $11,901514,736$17,513$17,342$15,557 What percentage of the total poyments made during the fint five veors will be made toward intereat? 45.66% 54.56% 41.53% 30.34%. 43.644

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