Single-payment loan repaymentA person borrows $200 to be repaid in 8 years with 14% annually compounded interest. The loan may be repaid at the end of anyearlier year with no prepayment penalty. a.What amount will be due if the loan is repaid at the end of year 1? b.What is the repayment at the end of year 4? c.What amount is due at the end of the eighth year? Copyright | Prentice Hall | Principles of Managerial Finance | Edition 13 | swiningerdc@aol.com | Printed from www.chegg.com From: undefined Source:ISBN: 0132997169 | Title: Principles of Managerial Finance | Publisher: Prentice Hall