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6. Arlington Enterprises wants to build a new ofce building. The rm has budgeted monthly payments of $3,500 for 15 years at 7.5 percent interest,

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6. Arlington Enterprises wants to build a new ofce building. The rm has budgeted monthly payments of $3,500 for 15 years at 7.5 percent interest, compounded monthly. Based on this budget, how much can the rm afford to borrow to build the building? a. $377,557 b. $402,812 c. $425,000 d. $441,414

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