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Question 3 1.5 pts A small business repairs its store. The builders charge them $250,000 which will be paid back in monthly installments over five
Question 3 1.5 pts A small business repairs its store. The builders charge them $250,000 which will be paid back in monthly installments over five years at 4.30% APR. The builders will reduce this rate to 3.50% APR if they pay $4800 up front. By approximately how much will this reduce the monthly loan repayments? $145 $177 $68 $324
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