What is the amount of the annual payment on the loan what, Financial Management

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What is the amount of the annual payment on the loan what

Sue Wentworth has just negotiated a $50,000 loan with the Universal Bank for the purchase of equipment. The loan is for 5 years at 6% interest with payments to be made annually.

A. What is the amount of the annual payment on the loan?

B. What is the amount of interest she will pay in year three?

C. What is the balance of the loan at the end of year three?

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