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(Solved): Problem 9-3 You have just purchased a new goat. The cost was $1,200. You paid 10% down and will pay ...



Problem 9-3 You have just purchased a new goat. The cost was

$1,200

. You paid

10%

down and will pay the rest in 4 equal annual installments which include interest at

8%

. Calculate her payments and prepare an amortization schedule



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