A company has just purchased a machine with a cost of $79,994, 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...


A company has just purchased a machine with a cost of $79,994, and signed a<br>note to pay the manufacturer equal semi-annual amounts of $9,378. If the<br>current rate of interest is 6%, how many equal payments will be made?<br>Select one:<br>O a. 5<br>O b. 6<br>O C. 8<br>O d. 10<br>O e. 12<br>

Extracted text: A company has just purchased a machine with a cost of $79,994, 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: O a. 5 O b. 6 O C. 8 O d. 10 O e. 12

Jun 01, 2022
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