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Kim recently purchased a spa business valued at $120,000 in New Westminster, BC. She made 25% down and end-of-month payments of $2500. Interest on the

Kim recently purchased a spa business valued at $120,000 in New Westminster, BC. She made 25% down and end-of-month payments of $2500. Interest on the business loan is 6% compounded quarterly. How much did Kim finance?

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