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Payments on a threeyear lease valued at $24,000 are to be made at the beginning of every six months. If interest is 4.7% compounded semi

Payments on a threeyear lease valued at $24,000 are to be made at the beginning of every six months. If interest is 4.7% compounded semi annually, what is the size of the semi annual payments?

The size of the semi annual payments is $

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