Question: $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

$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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