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You need to purchase some transportation equipment for your business. Looking at your budget, you decide that you con afford to pay $20.000 per year
You need to purchase some transportation equipment for your business. Looking at your budget, you decide that you con afford to pay $20.000 per year al the end of each of the next 4 years. If your bank is offering an interest rate of 6%, what is the most you can borrow today to purchase the equipment and keep your payments with in your budger? $69,302.11$63,367.49$87,492.32$72.058.64
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