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$5000 is borrowed, to be repaid in three equal, annual payments with 10% interest. Approximately how...

$5000 is borrowed, to be repaid in three equal, annual payments with 10% interest. Approximately how much principal is amortized with the second payment?

$2,010.57

$1,510.57

$900.68

$1,661.63

include calculations please

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jeff jeffy answered 3 years ago
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