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need help asap A start-up firm borrowed ( $ 250,000 ) to purchase equipment. The loan has an interest rate of ( 8 % )

need help asap A start-up firm borrowed \( \$ 250,000 \) to purchase equipment. The loan has an interest rate of \( 8 \% \) per year and will be repaid in equal installments over the next three years. What is the am 2 answers

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