Question: write down please show details 5. Suppose you have a five-year, 10 percent. $50,000 loan, which is amortized by making equal annual payments. What is

write down please show details

5. Suppose you have a five-year, 10 percent. $50,000 loan, which is amortized by making equal annual payments. What is the interest paid and the principal paid in the third year, respectively

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