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You can afford to pay $5,000 per month for a personal loan to establish your business. The interest rate is 2.25% for a 15-year fixed
You can afford to pay $5,000 per month for a personal loan to establish your business. The interest rate is 2.25% for a 15-year fixed loan? a. How much can your borrow? Round to the nearest dollar. b. How much is the total payment? Round to the nearest dollar. c. How much is the interest? Round to the nearest dollar
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