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please do out on paper and explain steps. If used financial calculator explain which commands used thank you June takes out a loan that will

image text in transcribedplease do out on paper and explain steps. If used financial calculator explain which commands used thank you

June takes out a loan that will be repaid by payments of 2000 at the end of each year for 15 years. The total amount of interest to be paid on the loan is 6124. Calculate the amount of interest paid in the first payment. June takes out a loan that will be repaid by payments of 2000 at the end of each year for 15 years. The total amount of interest to be paid on the loan is 6124. Calculate the amount of interest paid in the first payment

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