[Solved] Statue Builders, Inc. took out a loan for

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Statue Builders, Inc. took out a loan for $ 3 5 4 7 8 5 that has to be repaid in 8 equal annual installments.

Statue Builders, Inc. took out a loan for $

354785

that has to be repaid in

8

equal annual installments. The APR on the loan is

7.73

percent. How much of the second payment is interest?

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