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you want to start a new business and you need $200,000 to start, market and run your business. Because you think the business will be
you want to start a new business and you need $200,000 to start, market and run your business. Because you think the business will be short-lived for some reason, you want to pay off this $200,000 balance in seven equal payments. Since the interest rate is 15%, how much will your monthly payments be?
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