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D Question 5 1 pts General Electric borrowed $800,000 to buy equipment to be repaid as an installment note monthly over 2.5 years. How

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D Question 5 1 pts General Electric borrowed $800,000 to buy equipment to be repaid as an installment note monthly over 2.5 years. How much will General Electric pay each month if payments begin one month from now and the loan rate is 12% compounded monthly? $389,105 $30,998 O $325,600 O $28.352 Previous Next tutimit Quiz

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