A business owner needs a loan and can repay the loan at, Ask an Expert

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A business owner needs a loan and can repay the loan at $2,800 per month for the next three years and then $1,800 per month for two years after that. If the bank is charging customers 9.25 percent APR, how much will they be willing to lend the business owner?

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Financial Management, Finance

Category:- Financial Management
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