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Miller borrows $350,000 to be paid off in four years. The loan payments are semiannual with the first payment due in six months, and interest

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Miller borrows $350,000 to be paid off in four years. The loan payments are semiannual with the first payment due in six months, and interest is at 8%. What is the amount of each payment? (EV of S1. PV of 51. EVA of SI, and PVA of 1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $112.000 $115,924 551985 559.076

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