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Find the Payment Necessary to Amortize the Loan Using the Amortization

question 58

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Find the payment necessary to amortize the loan using the amortization table. Round to the nearest cent. Find the payment necessary to amortize the loan using the amortization table. Round to the nearest cent.     -The Meyers bought a Sandwich City franchise for $500,000. They paid $100,000 of their own money and borrowed the rest, agreeing to make semiannual payments over 8 years at 8% (compounded semiannually) . A) $34,328.00 B) $65,694.92 C) $60,570.50 D) $42,910.00 Find the payment necessary to amortize the loan using the amortization table. Round to the nearest cent.     -The Meyers bought a Sandwich City franchise for $500,000. They paid $100,000 of their own money and borrowed the rest, agreeing to make semiannual payments over 8 years at 8% (compounded semiannually) . A) $34,328.00 B) $65,694.92 C) $60,570.50 D) $42,910.00
-The Meyers bought a Sandwich City franchise for $500,000. They paid $100,000 of their own money and borrowed the rest, agreeing to make semiannual payments over 8 years at 8% (compounded semiannually) .


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Medical Practice

The work or profession of a medical practitioner, involving the treatment of patients.

Control Samples

Specimens or data used as a standard of comparison for checking the results of experiments or assays in science and medicine.

Test Results

The outcomes of medical tests, providing information on a person’s health condition or the presence of diseases or infections.

Normal Range

A set of values within which a physical condition or laboratory value is considered normal, typical, or acceptable based on statistical analysis.

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