sent value with periodic rates. Sam Hinds, a local dentist is going to remodel the dental reception area and add two new workstations. He has contacted A-Dec, and the new equipment and caoimally we cont 100%. The purg will be financed with an interest rate of 10% loan over 5 years. What will Sam have to pay for this equipment if the loan calls for semiannual payments (2 per year) and monthly payments (12 per year)? Compare the annual cash out of the two peyments. Why does the monthly payment plan have less total cash outflow each year? What will Sam have to pay for this equipment if the loan calls for semiannual payments (2 per year? Pound to the nearest cont