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Cof It Up LLC borrowed $100,000 at 3.75% APR for 25 years to purchase a building for a new coffee shop. A. Calculate the monthly

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Cof It Up LLC borrowed $100,000 at 3.75% APR for 25 years to purchase a building for a new coffee shop. A. Calculate the monthly payment. You may use Exhibit Table 14-1 in the book, the formula below, or Excel. B. What is the finance charge they will pay if they pay the loan on schedule? M=P(1 - 60+ R)-)

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