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Wesson metals has an outstanding loan that calls for equal

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wesson metals has an outstanding loan that calls for equal annual payments of $9,768.46 over the life of the loan. the original loan amount was $50,000 at an apr of 8.5 percent. how much of the second loan payment is interest?

a.$3,525.61

b.$3,780.93

c.$4,250.00

d.$5,409.16

e.$5,987.53

Reference no: EM13575650

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