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You plan to borrow $41,300 at an 8.2% annual interest rate. The terms require you...

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You plan to borrow $41,300 at an 8.2% 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? O a. $3,009.37 O b. $3,059.01 O c. $3,386.60 O d. $7,381.64 O e. $7,986.93

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