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Question 26 Assume a lender offers you a $25,000, 10%, three-year loan that is to be fully amortized with three annual payments. The first payment

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Question 26 Assume a lender offers you a $25,000, 10%, three-year loan that is to be fully amortized with three annual payments. The first payment will be due one year from the loan date. How much will you have to pay each year? $8,042 $9,026 $10,053 0 O $11,120 Click if you would like to Show Work for this question: Open Show Work

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