Question
Best Ribs wishes to pay off a debt of $40,000 in 7 years. What amortization payment would they need to make each six months, at
Best Ribs wishes to pay off a debt of $40,000 in 7 years. What amortization payment would they need to make each six months, at 6% interest compounded semiannually? (Use Table 12-2 from your text)
| $3,541.05 |
| $3,910.63 |
| $2,727.79 |
| $2,955.32 |
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High School Math 2012 Common-core Algebra 2 Grade 10/11
Authors: Savvas Learning Co
Student Edition
9780133186024, 0133186024
