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Sheridan Ltd . issued an instalment note on January 1 , 2 0 2 3 ( with a required yield of 1 1 % )
Sheridan Ltd issued an instalment note on January with a required yield of in exchange for land that it purchased from Safayeni Ltd Safayeni's real estate agent had listed the land on the market for $ The note calls for three equal blended payments of $ that are to be made at December and
Click here to view the factor table PRESENT VALUE OF
Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF
b
Prepare an effective interest amortization table for the instalment note for the threeyear period. Round answers to decimal places, eg Do not leave any answer field blank. Enter for amounts.
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