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whiturns out that I have badly underestimated the amount of time needed to answer the questions, I reserve the right to make upward (only) adjustments

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whiturns out that I have badly underestimated the amount of time needed to answer the questions, I reserve the right to make upward (only) adjustments to scores at my sole discretion. I recommend that you have Excel open for use during the exam. Question 19 2 pts Ron's Loan: Ron borrows $3,000,000 to purchase a warehouse. The annual interest rate on the loan is 8.25 percent, and the term of the loan is 25 years. What is the monthly payment necessary to amortize this load? Enter your answer rounded to the nearest penny with no punctuation, but do not use the rounded intermediate results in future calculations involving. Ron's Loan (keep all available decimals)

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