Question
HiTek Manufacturing is purchasing a large tract of land for a new facility. Its loan is for $6 million, and it will be paid off
HiTek Manufacturing is purchasing a large tract of land for a new facility. Its loan is for $6 million, and it will be paid off in 25 equal annual year-end payments. If the interest rate is 10%, how much is each payment?
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Foundations In Personal Finance
Authors: Dave Ramsey
1st Edition
0981683967, 978-0981683966
