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A small business owner visit his bank to ask for a loan. The owner states that he can repay a loan at $2700 per month

A small business owner visit his bank to ask for a loan. The owner states that he can repay a loan at $2700 per month for the next three years and then $1700 per month for two years after that. If the bank is charging customers 9.00 percent APR how much would it be willing to lend the business owner?

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