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a construction company takes a loan of $2,114,000 to cover the cost of a new grader. if the interest rate is 8% APR, and payments
a construction company takes a loan of $2,114,000 to cover the cost of a new grader. if the interest rate is 8% APR, and payments are made monthly for five years, what percentage of the outstanding principle does rhe company pay in interest each month?
A construction company take the company pay in intereste O A. 0.59% OB. 6.67% OC. 0.67% OD. 0.49% Step by Step Solution
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