Exercise 64: If $19,000 is borrowed at 12% interest to be paid back over ten years, what is the balance of the loan just after the six year's payment is made? A. $10,213. B. $10,604. C. $10,806. D....

Exercise 64: If $19,000 is borrowed at 12% interest to be paid

back over ten years, what is the balance of the loan just after

the six year's payment is made?

A. $10,213.

B. $10,604.

C. $10,806.

D. $11,316.

CIRCLE THE CLOSEST ANSWER.

Please solve using BII and math formulas. Please provide accurate answer.