Find how much would pay in total interest

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Problem 1: You are the new CEO of Triangle Pediatrics and two weeks after you started in your new position the Chief Financial Officer and Associate PV of Finance left for greener pasture. The parent of one of the clinics' patient who owed $10,000 and the account is 180 days past due approaches you and requests a 5 year-5 payments plan. She agreed to pay 14% APR. You are going to prepare an amortization plan for her. Indicate the annual payment amount. How much would she pay in total interest?

Reference no: EM132920209

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