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Malatak Manufacturing purchased a warehouse for $1,562,500, paid 20 percent down in cash, and financed the balance for 13 years at 9.5 percent, compounded monthly.
Malatak Manufacturing purchased a warehouse for $1,562,500, paid 20 percent down in cash, and financed the balance for 13 years at 9.5 percent, compounded monthly. What is the amount of each monthl...
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