just beed the answer please. please answer asap :)

Your bank offers to lend you $108,500 at an 8.5% annual interest rate to start your new business. The terms require you to amortize the loan with 5 equal end-of-year payments. How much interest would you be paying in Year 2 ? $6,880.67 $7,666.06 $9,890.96 $8,170.79 $8,600.83