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Your bank offers to lend you $100,000 at an 8.5% annual interest rate to start your new business. The terms require you to amortize the

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Your bank offers to lend you $100,000 at an 8.5% annual interest rate to start your new business. The terms require you to amortize the loan with 10 equal end-of-year payments. How much interest would you be paying in Year 2? O a $7,531 O b. $8,740 O c. $8,323 O d. $9,177 O e $7.927

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