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A company borrows $10,000 from a bank. It is a 5-year amortized (equal payments) loan with an interest rate of 10%. How much principal will

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A company borrows $10,000 from a bank. It is a 5-year amortized (equal payments) loan with an interest rate of 10%. How much principal will be paid in year 1? $1.236 $804 $1,638 $2,757

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