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Question 13 (1 point) 13. Alicia Keys borrowed $23,500 at a rate of 6.5% and must repay it in 5 equal installments at the end
Question 13 (1 point) 13. Alicia Keys borrowed $23,500 at a rate of 6.5% and must repay it in 5 equal installments at the end of each of the next 5 years. By how much would she reduce the amount she owes in the first year? O a) $4,681.49 b) $3,030.51 c) $4,594.93 d) $4,127.41 e) $5,654.91
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