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A small business owner visits his bank to ask for a loanThe owner states that he can repay a loan at $2,100 per month for

A small business owner visits his bank to ask for a loanThe owner states that he can repay a loan at $2,100 per month for the next three years and then \$1,100 per month for two years after thatIf the bank is charging customers 10.00 percent APRhow much would it be willing to lend the business owner? (Do not round intermediate and round your final answer to 2 decimal places image text in transcribed
A small business owner visits his bank to ask for a loan. The owner states that he can repay a loan at $2,100 per month for the next three years and then $1,100 per month for two years after that If the bank is charging customers 10.00 percent APR, how much would It be willing to lend the business owner? (Do not round intermediate colculations and round your final answer to 2 decimal places.)

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