a farmer is considering borrowing money from a bank. given the following information: initial loan amount is $95,000. the loan will be fully amortized in 3 years at 12%. marginal tax rate is 25%. (i) what is the loan balance at the end of 1st year? a. $73,934.68 b. $73,885.14 c. $66,846.85 d. none of the answers are correct enter response here: (ii) what is the loan balance at the end of 2nd year? a. $48,646.40 b. $35,315.32 c. $50,236.49 d. none of the answers are correct enter response here: