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On January 1,2024. Weis Markets purchased a bulding for $65,000, making a cash down payment of $5,000 and signing a note requiring eight equal semi-annual

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On January 1,2024. Weis Markets purchased a bulding for $65,000, making a cash down payment of $5,000 and signing a note requiring eight equal semi-annual prments for the balance Payments are to be made on June 30 and December 31 . The implicit interest rate is 6%. What is the amount of each semi-annual pavment? $7,500 59,661 516,142 59.260 39.54

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