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please show steps, don't use Excel Question 11.13 A 10-year loan with level end-of-year payments is taken out at an annual effective rate of interest

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Question 11.13 A 10-year loan with level end-of-year payments is taken out at an annual effective rate of interest of 6.5%. The principal portion of the 6th payment is 1,370.65. Calculate the total amount of interest paid on the loan. A 5,237 B 5,258 C 5,279 D 5,300 E 5,321

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