What is the maximum amount you would be willing to lend


Problem

What is the maximum amount you would be willing to lend someone if they promise to give you $1000 per month for 52 months and your MARR is 12%?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the maximum amount you would be willing to lend
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