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Owen Surf Sports is an idea of two budding entrepreneurs. Their plan is to sell kiteboards from a store in the local town. Between them,
Owen Surf Sports is an idea of two budding entrepreneurs. Their plan is to sell kiteboards from a store in the local town. Between them, they invest $30,000 in capital and are in the process of applying for a bank loan, also for $30,000. The loan would be repaid in four years. The owners will also pay the bank annual interest at a rate of 6 percent.
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