Question
Asked Apr 1, 2019
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A company has just purchased a machine with a cost of s79,994, and signed a
note to pay the manufacturer equal semi-annual amounts of $9,378. If the
current rate of interest is 6%, how many equal payments will be made?
Select one:
a. 5
O b. 6
O C. 8
d. 10
e. 12
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A company has just purchased a machine with a cost of s79,994, and signed a note to pay the manufacturer equal semi-annual amounts of $9,378. If the current rate of interest is 6%, how many equal payments will be made? Select one: a. 5 O b. 6 O C. 8 d. 10 e. 12

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