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Amazon would like to purchase a building costing $900,000 by paying $361,254 cash on the purchase date and agreeing to make equal payments every three months for the next five years. The first payment is due three months after the purchase date. Amazon's loan has an 8% interest rate. How much will Amazon pay every 3 months
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Amazon would like to purchase a building costing $900,000 by paying $361,254 cash on the purchase da...
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