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Statue Builders, Inc. took out a loan for $343474 that has to be repaid in 9 equal annual installments. The APR on the loan is

image text in transcribed Statue Builders, Inc. took out a loan for $343474 that has to be repaid in 9 equal annual installments. The APR on the loan is 8.79 percent. How much of the second payment is interest

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