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what is the annual PMT? what are the annual interests? CdSul palu IULIULI 12UUU U U Cash paid for equipment for store, $30,000. It is

what is the annual PMT? what are the annual interests? image text in transcribed
CdSul palu IULIULI 12UUU U U Cash paid for equipment for store, $30,000. It is estimated that this equipment will last for six years and then be worthless. (Calculate depreciation on a monthly basis for this problem.) The actual cost of the equipment was $60,000, the rest of the cost will be paid in equal annual payments of $__ for five years. The payments include interest at 6% and the first payment is due April 1, 2021. Cash paid for wages, $12,000

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