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You borrowed an amount three years ago. The terms of the loan calls for annual payment of $2,717.36 each year for 10 years. If the
You borrowed an amount three years ago. The terms of the loan calls for annual payment of $2,717.36 each year for 10 years. If the interest rate on the loan is 6%, what is the outstanding balance today? (Hint: you have 7 more payments to make) O Cannot be calculated O 16,745.12 O 15,169.34 O 14,568.22 O 19,021.98
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