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A small-business owner has a debt of $81, 319.50 at a rate of 10%. The goal is to pay off this debt in 7 years.

A small-business owner has a debt of $81, 319.50 at a rate of 10%. The goal is to pay off this debt in 7 years. What should the monthly pay in order to meet this goal? $6, 7760.00 $1, 350.00 $968.09 $1, 064.90 $12,007.52

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