Question: John asks for a loan with principalEUR 180,000.00, maturity 10 years and annual payments. The interest rate of the loan is 14%. Assuming that this

John asks for a loan with principalEUR 180,000.00, maturity 10 years and annual payments. The interest rate of the loan is 14%. Assuming that this loan has constant annuities, compute the principal pending after the second year payment.

Select one:

a.Between 172,000.00 and 174,000.00

b.Between 188,000.00 and 190,000.00

c.Between 160,000.00 and162,000.00

d.Between 178,000.00 and 180,000.00

e. No answer

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