If You Buy a Factory for $250,000 and the Terms

question 120

Multiple Choice

If you buy a factory for $250,000 and the terms are 20 percent down,the balance to be paid off over 30 years at a 12 percent rate of interest on the unpaid balance,what are the 30 equal annual payments?

• A) $20,593
• B) $31,036
• C) $24,829
• D) $50,212
• E) $6,667

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The ability of an individual to use two languages effectively, often characterized by fluency in speaking, reading, and writing in both languages.

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