Single-payment loan repayment Personal Finance Problem Kelly borrows $30,000, to start a motor repair business in Hong Kong that she must repay in a lump sum within the next 9 years. The interest rate is 10% annually compounded. There is no prepayment penalty a. What amount will be due if she decides to repay the loan after 2 years? b. How much would she have to repay after 5 years? c. What amount is due at the end of 8 years