... answers.
A small business owner visits her bank to ask for a loan. The owner states that she can repay a loan at $2,500 per month for the next three years and then $5,000 per month for two years after that. If the bank is charging customers 8.75 percent APR, how much would it be willing to lend the business owner?
Google - Hi, can anyone help with calculation? I did it several times and got completely different?
- Posted:
- 3+ months ago by annalvarado
- Topics:
- state, different, bank, owner, visit, month, google, loans, answer, time, calculation
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