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Julia is considering expanding her business and is planning on taking a loan for $425,000.00 and is willing to pay no more than $9000 per

Julia is considering expanding her business and is planning on taking a loan for $425,000.00 and is willing to pay no more than $9000 per month as monthly payment. Further, she wishes to repay the loan in 4 years and is therefore willing to lower her budget if she must. She is looking for some advice on the right amount to borrow. Hint: Use What if analysis to identify options and recommend an option based on her needs.

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