the funds. Sanders has two repayment options: (15 to issue a note with the pencipar due in 10 years and with interest beyoble ancually or (2) to issue a note to repay $5,130 of the principar esch year along with the anmuel interest baced on the urpuid arincpol baiance. Assume the interest rate is 8 percent for each option. Required a. What amount of interest wis Sanders poy in Year 1 under aption 1 and under optich 2? Note: Round your finat answers to the neareat dollar amount