Question: please and thanks ....... .. 1.... I' ..... You are about to borrow $10,000 from a bank at an interest rate of 8%.. You are

please and thanks

....... .. 1.... I"""' ..... You are about to borrow $10,000 from a bank at an interest rate of 8%.. You are required to make 15 equal payments of $____ per year. How much of the 11th payment (t=11} will go towards principal repayment? 0 135-305 0 305-315 0 315-325 0 325-335 0 None of the above

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