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1. You need capital for a new manufacturing facility for your business and have found an investor who will lend you $1,500,000 with the expectation

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1. You need capital for a new manufacturing facility for your business and have found an investor who will lend you $1,500,000 with the expectation of being paid back at the end of 4 years along with 6.00% APR compounded yearly. How much will you have to pay this investor at the end of 5 years? [2 points]

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