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An $88,000 business can be purchased by making a down payment of $18,000 and financing the balance with a short-term business loan at 4.50% compounded
An $88,000 business can be purchased by making a down payment of $18,000 and financing the balance with a short-term business loan at 4.50% compounded monthly with monthly payments of $1,805. How long will it take to pay off the loan
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