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Hope - green Landscaping Company is applying for a loan. They will not be able to make any payments for the first 1 8 months.

Hope-green Landscaping Company is applying for a loan. They will not be able to make any payments for the first 18 months. After that, they will make payments of $750 per month for five years. The first $750 payment will be made 18 months after the loan is received. If the interest rate is 10.5% compounded monthly, how much can they expect to borrow? $30.090 $36,515 $29,829 $34,894

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