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Angela's bank gave her a 4-year add-on interest loan for $6,070 to pay for new equipment for her antiques restoration business. The annual interest
Angela's bank gave her a 4-year add-on interest loan for $6,070 to pay for new equipment for her antiques restoration business. The annual interest rate is 12.69%. How much interest will she pay? What are her monthly payments? She will pay $ in interest on the loan. (Round to the nearest cent.)
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Financial Management for Public Health and Not for Profit Organizations
Authors: Steven A. Finkler, Thad Calabrese
4th edition
133060411, 132805669, 9780133060416, 978-0132805667
