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please answer this question using financial calcultor and show work please write down the steps,, thank you 4. Your firm has a loan on a

please answer this question using financial calcultor and show work
please write down the steps,, thank you image text in transcribed
4. Your firm has a loan on a piece of equipment. The loan was secured on February 1 and it is now December 31. You need to compute the interest paid this year on this loan for tax purposes. The loan was $150,000; it was a 10 year loan @ 8% with monthly payments. If you have made the first ten payments, how much interest have you paid this year? (2 pts.)

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