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Miller borrows $330,000 to be paid off in three years. The loan payments are semiannual with the first payment due in six months, and interest
Miller borrows $330,000 to be paid off in three years. The loan payments are semiannual with the first payment due in six months, and interest is at 12%. What is the amount of each payment? Use Appendix D. (Round "PV Factor" to 5 decimal places and final answer to the nearest dollar amount.)
$67,110
$118,800
$79,260
$85,740
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