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A small business owner visits her bank to ask for a loan The owner states that she can repay a loan at $1,000 per month

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A small business owner visits her bank to ask for a loan The owner states that she can repay a loan at $1,000 per month for the next three years and then $2,000 per month for two years after that If the bank is charging customers 7 5 percent APR, how much would it be willing to lend the business owner? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Present value References eBook & Resources Worksheet Problem 5-23 Present Value of Multiple Annuities (LG4) Di Check my work

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