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You take out a business loan for $ 7 5 , 0 0 0 at 6 . 5 % simple interest and 1 5 0

You take out a business loan for $75,000 at 6.5% simple interest and 150 days. If you borrow the money on July 5th and make payments of $20,000 each on September 20th, October 20th and November 20th, when will the loan "come due" and what will you owe?

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