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QUESTION 7 KEST BON CANADA shane CHACEC CUTE SMALL BUSINESS BMO M FINANCING PROGRAM Suppose that you're a Small Business Account Manager at BMO. Your

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QUESTION 7 KEST BON CANADA shane CHACEC CUTE SMALL BUSINESS BMO M FINANCING PROGRAM Suppose that you're a Small Business Account Manager at BMO. Your customers, Pierre and Belle Chen, owners of C'Est Bon Authentic Chinese Cuisine*, wish to upgrade their restaurant's technology costing $200,000. They wish to borrow $120,000 under CSBFP and have asked to include the CSBFP registration fee to their loan request. If the CSBFP loan is be be repaid over ten-years in monthly installments, how much of the loan's monthly principal payment is attributed to the CSBFP registration fee? O $12 O $2,400 O Indeterminable due to fluctuating interest rates O $20

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