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On January 1,Yumati Electric Borrows $333,333 at an Interest Rate

question 46

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On January 1,Yumati Electric borrows $333,333 at an interest rate of 6% today and will repay this amount by making 16 semiannual payments beginning May 31.What is the approximate amount of the payments that Yumati will need to make?


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Communication channels, such as television, newspapers, and the internet, that are used to reach a wide audience.

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