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tion 12 Hou need to borrow $142,713 to buy equipment for your business. However, you...

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tion 12 Hou need to borrow $142,713 to buy equipment for your business. However, you can't start paying the loan right away. You are give afterwards. The current interest rate is 4% APR compounded monthly. Compute the monthly payment of your loan. u are given the option to take a loan in which you do not have to pay anything during the first 5 months and has 67 payments

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