Question: A 2 0 - year loan is repaid with equal annual principal repayments plus interest. You are given the following schedule for the total payment:

A 20-year loan is repaid with equal annual principal repayments plus interest. You are given the following schedule for the total payment:
Payment at the end of year 6= $800
Payment at the end of year 16= $600
Calculate the interest part of the payment made at the end of year 10.

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