Question: Delta corporation obtained a $ 4 5 , 0 0 0 loan at a rate of prime + 1 . 1 5 % on July
Delta corporation obtained a $ loan at a rate of prime on July Fixed payments of $ are due on the th of each month, beginning August The prime rate was on july and rose to on september What is the outstanding loan balance immediately after the september th payment?use days a year. Do not round immediate calculations. Round your final answer to decimal places.
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