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Your firm is considering an one-year loan options for a $652,392 loan. The loan carries fees of 3.3% of the loan amount and charges interest

Your firm is considering an one-year loan options for a $652,392 loan. The loan carries fees of 3.3% of the loan amount and charges interest of 4.54% of the loan amount.

What is the net amount of funds from the loan?

(Please do it in excel and show all the formulas)

NOTE: Submit your answers with 4 decimals after the dot.

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