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In cell B4, change the loan amount to 250,000. With a loan of that size, the monthly payment increases to $2,775.51, and the annual total increases to
$33,306.15.
Although a larger loan might help the business get off the ground,
Haywood does not want the company to take such a large debt.

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In cell B4, change the loan amount to 250,000. With a loan of that size, the monthly payment incre...

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