You plan to borrow $45,900 at a 7.2% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year payments. How much interest Nould you be paying in Year 2? a. $2,925.25 b. $2,966.72 c. $8,000.35 d. $8,576.37 e. $3,304.80 X1 Corp's total assets at the end of last year were $490,000 and its EBIT was $50,000. What was its basic earning power (BEP) ratio? a. 9.26% b. 10.20% c. 13.61% d. 7.65% e. 5.10%