Question: Question 6 (2 points) Your boss has just finished a meeting with the company's bank representative, and she has asked you to confirm come numbers.
Question 6 (2 points) Your boss has just finished a meeting with the company's bank representative, and she has asked you to confirm come numbers. The banker said he was willing to offer a 3- year $90,000 installment loan at a rate of prime + 1% (compounded monthly). The current prime rate as of Sep-20, 2020 is 3.25%. The banker advised your boss that the monthly payments would be $2,750. Prepare a brief response to your boss
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