Question

Sheet Metals has an outstanding loan that calls for equal annual payments of $12,600.47 over the life of the loan. The original loan amount was $72,000 at an APR of 8.15 percent. How much of the third loan payment is interest?
$5,868.00
$4,725.89
$4,896.48
$5,009.16
$4,687.53
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