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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)

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