Question: Please show the specific process of how to get the asnwer. Thank you very much. loan is to loan is to be repaid in ten

Please show the specific process of how to get the asnwer. Thank you very much.

loan is to loan is to be repaid in ten installments. one due at the end of each ycar for ten years The first five payments are $K each. The last five payments are s2K each. What is the principa outstanding just after the eighth payment? $1,000 $2,000 as S2,000 52,000 a (c) (A)

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