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Your bank offers to lend you $113,200 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 $113,200 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. $7.178.72 O b. 58.076.06 O c. $8,524.73 d. $8.973.40 O e. $10,319.41 ho

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