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Posted on Aug 17, 2024

One of the Native Commercial Development Financial Institutions in your local area had offered the following terms to a company for a Business Loan: Loan

One of the Native Commercial Development Financial Institutions in your local area had offered the following terms to a company for a Business Loan:

Loan Amount: $25,000,000

Loan Term: 15 Years

Rate: 6.25% Annual

How much would the monthly payment be?

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