**A KSU graduate plans to start a consulting firm now by borrowing $75,000 at a compound interest rate of 5% per year. The loan payment each year to pay off the loan in 10 years is equal to: Assume that the loan repayment starts in year 1 and continues every year until year 10. (All the alternatives presented below were calculated using compound interest factor tables including all decimal places) $6,018 $12,206 $7,500 $9,713