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You plan to borrow $32,300 at a 6.8% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year payments. How

You plan to borrow $32,300 at a 6.8% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year payments. How much interest would you be paying in Year 2? O a $5,951.64 b. $1,941.04 OC. $2.196.40 d. $1.966.81 e: $5,572.70

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