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An industrial plant manager decided to purchase a new generator through financing at a cost of $1,800,000.00. 15% compounded semi-annually. The manager agreed to amortize
An industrial plant manager decided to purchase a new generator through financing at a cost of $1,800,000.00. 15% compounded semi-annually. The manager agreed to amortize the loan for 10 years. You are requested to prepare an amortization table.
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