question archive HiTek Manufacturing is purchasing a large tract of land for a new facility
HiTek Manufacturing is purchasing a large tract of land for a new facility
Subject:EconomicsPrice:2.87 Bought7
HiTek Manufacturing is purchasing a large tract of land for a new facility. Its loan is for $3 million, and
it will be paid off in 15 equal annual payments. If the interest rate is 10%, how much is each payment?
it will be paid off in 15 equal annual payments. If the interest rate is 10%, how much is each payment?
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