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How much can Wells Fargo lend to a developer who will repay the loan by selling 6 view lots at $190,000 each 2 years from now? Assume the bank will lend at a nominal 14% per year

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How much can Wells Fargo lend to a developer who will repay the loan by selling 6 view lots at $190,000 each 2 years from now? Assume the bank will lend at a nominal 14% per year. compounded semiannually