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A small business owner visit a bank to ask for a loan. The owner states that he can repay a loan at $3300 per month

A small business owner visit a bank to ask for a loan. The owner states that he can repay a loan at $3300 per month for the next3 years and then $2300 per month for the next 2 years after that. If the bank is charging customers 10.50 percent APR, how much would it be willing to lend the business owner?

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