Jen Barry S Fast Fresh Salad Bags Starts With 300 000 Invested Jen And Barry Pa

“Jen & Barry’s Fast Fresh Salad Bags” starts with $300,000 invested. Jen and Barry pay 20% down and finance the balance with a 20-year small business loan at 4.5% compounded monthly. What is the amount of their monthly loan payment to amortize the loan? 

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