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Dr . Wilson is buying a 5 0 % ownership in a veterinary practice by end - of - month payments of $ 7 1

Dr. Wilson is buying a 50% ownership in a veterinary practice by end-of-month payments of $714.60, including interest at 7% compounded semiannually for 15 years. a. What valuation was placed on the partnership at the beginning of the payments? (Do not round intermediate calculation. Round your final answer to the nearest dollar.) Implied value $ 80000.04 Numeric Response 1. Edit Unavailable. 80000.04 incorrect. b. What total amount of interest will she pay over the 15 years? (Do not round intermediate calculation. Round your final answer to the nearest dollar.) Amount of interest

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