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A not for profit clinic is required to make monthly payments of $31819.65 for the next 10 years to repay its long term debt. The
A not for profit clinic is required to make monthly payments of $31819.65 for the next 10 years to repay its long term debt. The interest rate is 5%. What is the clinics current level of business debt? 1) 3.5 million, 2) $2.5 million, 3) $3 million, 4) $4 million
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