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please help, thank you! Your bank offers to lend you $109,200 at an 8.5% annual interest rate to start your new business. The terms require

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Your bank offers to lend you $109,200 at an 8.5% 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 2? $6,925.06 $7,790.69 $8,223.51 $8,656.32 $9,954.77

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