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( 1 ) The small business adminustration offers business lave at 3 . 5 % interest compounded monthly for 5 yoars. If the ouner of

(1)

The small business adminustration offers business lave at

3.5 %

interest compounded monthly for

5

yoars. If the ouner of a raetaurant can afford monthly Payments of $

700,

what is the maximum annount the oumer can bolrow?

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