You need 275000 to start a business a bank will loan you


You need $275,000 to start a business. A bank will loan you the money at 7.63% for 20 years with annual payments. About how much is the annual payment?

$13,750

$14,799

$27,243

$32,527

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Financial Management: You need 275000 to start a business a bank will loan you
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