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On 01 November 2020, Duckie Inc. borrows $151,867.50. It agrees to make 4 annual payments of an equal amounts. The interest rate is 12.00%. What

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On 01 November 2020, Duckie Inc. borrows $151,867.50. It agrees to make 4 annual payments of an equal amounts. The interest rate is 12.00%. What is the dollar amount of interest at the end of year four? (do not use a dollar sign and do not use include a comma or any cents.) a) $5,557.15 b) $5,410.99 c) $10,140.31 d) $5,357.15

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