Question: need help how they got to the correct answer 0 out of 1 points The Swimming Beauty Salon recently took out a fully amortizing loan

need help how they got to the correct answer

0 out of 1 points The Swimming Beauty Salon recently took out a fully amortizing loan for $139,000 at an interest rate of 7%. The loan will require annual payments for 4 years. How much of the third payment will go towards interest? Selected Answer: 2,877.33 Correct Answer: 5,193.661

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