Question: ESTIONS, 2 HRS 15 MINS Question 9 2.44 pt First Look Cafe just borrowed $760,000 to build a new restaurant. The loan terms call for

ESTIONS, 2 HRS 15 MINS Question 9 2.44 pt First Look Cafe just borrowed $760,000 to build a new restaurant. The loan terms call for equal annual payments at the end of each year. The loan is for 15 years at an APR of 7.55 percent. How much of the first annual payment will be used to reduce the principal balance? $51.420.90 $48,911.08 $21.311.62 $28,985.82 $57,380 Next Previous No new data to save. Last checked at 10:29am Subr MacBook Pro 80, 8 e

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