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You want to borrow $30,000,000 from the bank. You are offered a loan that has the following information: Bi-weekly payment (PMT) is $89,932.58 APR is
You want to borrow $30,000,000 from the bank. You are offered a loan that has the following information:
Bi-weekly payment (PMT) is $89,932.58
APR is 6.00%
How long would it take you to pay off this loan?
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