Question: A borrower would like to borrow $50,000 at 7.5% for 5 years, but would like to pay only $6,000 for the first two years and

A borrower would like to borrow $50,000 at 7.5% for 5

A borrower would like to borrow $50,000 at 7.5% for 5 years, but would like to pay only $6,000 for the first two years and then catch up with higher payments for the final three years. What is the payment fo the final 3 years

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