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Question 24 (3 points) GA GroundWorx just bought a new bulldozer for use in their road building projects. The terms of the loan require a

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Question 24 (3 points) GA GroundWorx just bought a new bulldozer for use in their road building projects. The terms of the loan require a payment of $16,803.93 to be made quarterly for five years. The loan rate is 12% (APR), compounded quarterly. How much did GA GroundWorx pay for their new bulldozer? a) $86,079 Ob) $336,079 c) $60,574 d) $242,298 e) $250,000

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