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7. You bought a farm for $450 000.00 down and payments of $67100.00 at the end of every six months for 7 years. What is

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7. You bought a farm for $450 000.00 down and payments of $67100.00 at the end of every six months for 7 years. What is the purchase price of the farm if the semi-annual payments are deferred for four years and interest is 5.5% compounded semi-annually

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