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Category > Business & Finance Posted 05 Aug 2017 My Price 5.00

1-7. On June 30, Year 3, PPI purchased

1-7. On June 30, Year 3, PPI purchased a machine for $100,000. The downpayment was $15,000, and the balance will be paid in 48 equal monthly payments, including interest at 18% compounded monthly. What is the amount of the monthly payment if the first payment is due one month from the date of the purchase?

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Status NEW Posted 05 Aug 2017 06:08 PM My Price 5.00

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