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v tion 8 O out of 1 points Jerry has a business line of credit that has $254,000 borrowed on it and the interest rate

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tion 8 O out of 1 points Jerry has a business line of credit that has $254,000 borrowed on it and the interest rate is 6.1% compounded annually. He pays $2.200 monthly on it. What amount could be covered by his business overhead insurance coverago? Input to the nearest dollar Correct Answer: 1,291 : 1

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