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You plan to borrow $21,582 at a 9% annual interest rate. The terms require you to amortize the loan with 13 equal end-of-year payments. How

You plan to borrow $21,582 at a 9% annual interest rate. The terms require you to amortize the loan with 13 equal end-of-year payments. How much interest will you pay in Year 2 (in dollar amount)? EXCEL OR FINANCIAL CALCULATOR ANSWER PLEASE

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