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Red lizzard construction just borrowed 53,700.00 The terms of the loan require the company to make equal monthly payments forever. the first monthly payments due

image text in transcribed Red lizzard construction just borrowed 53,700.00 The terms of the loan require the company to make equal monthly payments forever. the first monthly payments due in 1 month. If the regular monthly loan payment is $570.00 is the EAR of the Loan? then what

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