Business, 09.12.2021 07:50 karnun1201
Jessy Kilmer can afford to pay $125,000 at the end of each of the next 10 years to repay a business loan. If the interest rate is 4.8%, what is the highest loan amount Jessy Kilmer can borrow today?
a. $974,660.72
b. $782,231.05
c. $421,182.65
d. $632,937.31
Answers: 1
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