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  • 30-11-2022
  • Mathematics
contestada

When Albertina opened her law​ office, she bought ​$16,000 worth of law books and $7,400 worth of furniture. She paid 1,100​$ down and agreed to amortize the balance with semiannual payments for 5 years at ​11% compounded semiannually. Find the amount of each payment.

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