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You plan to borrow $40500 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 $40500 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? a. 92,433.82 b. 52,754.00 C) 32.466.13 d 57,46259 e. 56.987.44

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