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Assume you borrow $10,000 at an annual interest rate of 5%. You are required to make $2,000 payments on the principal and the annual interest

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Assume you borrow $10,000 at an annual interest rate of 5%. You are required to make $2,000 payments on the principal and the annual interest payment at the end of each year. What is the amount of interest that you will pay each year? Show your calculations

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