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Let's follow up with Sam Hinds, the dentist, and his remodeling project ( Chapter 4 , Problem 1 2 ) . The cost of the

Let's follow up with Sam Hinds, the dentist, and his remodeling project (Chapter 4, Problem 12). The cost of the equipment for the project is $18,000, and he will finance the purchase with a 7.5% loan over six years. Originally, the loan called for annual payments. Redo the payments based on monthly payments (twelve per year).
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