Q6.29: Marco borrowed $4.5 million from a Miami Bank to open a club in a popular tourist area. Marco expects to pay back the loan in three years and to pay it in one lump sum. The bank is willing to let him do this because he has posted collateral, a deed on another club worth $8 million. Assuming the bank loans out the money with an APR of 6.75 percent and compounds quarterly, how much should the bank expect to receive when Marco makes his payment? A $4,813,326 B $5,411,250 $5,500,768 D $4,731,678