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Your bank offers io lend yos 5109,200 at an 85% ansual interest rate to stant your new business. The terms require you to amonize the

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Your bank offers io lend yos 5109,200 at an 85% ansual interest rate to stant your new business. The terms require you to amonize the loan with 10 equal end-of-year payments How ruch interest would you be paying in Your 2? $6,925,06 $7,790.69 $,223.51 58,656.32 $9.954.77

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