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Need a detailed answer thank you Your bank offers to lend you $150,000 at an 6.5% annual interest rate to start your new business. The

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Your bank offers to lend you $150,000 at an 6.5% annual interest rate to start your new business. The terms require you to amortize the loan with 10 equal end-of-year payments. How much interest would you be paying in Year 4? Make sure to show the answer for each step similar to the tutorial question in a table formate

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