Mathematics, 27.09.2019 10:10 cybilmariejensen

An online store that has been successfully growing on its initial angel investment and revenue wants to invest $5 million to expand the business. the bank is willing to lend the business this money at a 10 percent interest rate over an eight-year term. calculate the monthly payment and explain what the business must be able to do with this money in order for this to be a smart business decision.

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