Not yet answered Marked out of 0.60 p Flag question A company borrows $20 000 from a bank, to be amortised over five years at 6.5% per annum. If the payments are to be made on an annual basis at the end of each year, for the first year, the annual principal repayment will be: Select one: a. $14,597.62 b. $1,300 c. $3,512.69 d. none of the given answers. e. $4,812.69 Previous page Next page