Met Lyfeneeds to finance a new office. The companyagreesto pay its bank$750 millionin 15 years.If the bank
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Question:
Met Lyfeneeds to finance a new office. The companyagreesto pay its bank$750 millionin 15 years.If the bank charges8.5 percent annually, how much money can Met Lyfe borrow from the bank?
A) $228,628,107
B) $216,192,820
C) $202,956,525
D) $220,604,918
E) $225,017,016
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