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Word Problem 14-18 (Static) [LU 14-1 (3)] Sonja Upton considered closing her travel agency, Opos Tours, during the pandemic, since travel had almost ceased.
Word Problem 14-18 (Static) [LU 14-1 (3)] Sonja Upton considered closing her travel agency, Opos Tours, during the pandemic, since travel had almost ceased. But she would prefer to keep her business open. If she didn't close the agency, she would need to take out a $60,000 loan to cover operating expenses. She found a business loan at 9% for 60 months. What would her monthly payment by table be if she decided to take out the loan? (Use Table 14.2) Note: Round your final answer to the nearest cent. Monthly payment
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