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Question 13 of 30 A loan of X is repaid with level annual payments at the end of each year for 10 years. You are
Question 13 of 30 A loan of X is repaid with level annual payments at the end of each year for 10 years. You are given: i) The interest paid in the first year is 3600 ; and ii) The principal repaid in the 6 th year is 4871 . Calculate X A) 44,000 B) 45,250 C) 46,500 D) 48,000 E) 50,000
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