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Present and future value tables of $1 at 3% are presented below: 1 1.03000 0.97087 1.0000 0.970871.0300 1.00000 2 1.060900.94260 2.0300 1.913472.0909 1.97087 3 1.092730.91514 3.0909 2.828613.1836 2.91347 4 1.125510.88849 4.1836 3.71710 4.30913.82861 5 1.15927 0.86261 5.3091 4.57971 5.46844.71710 6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 10.15917.7861110.4639 8.01969 10 1.343920.74409 11.4639 8.53020 11.8078 8.78611 11 1.384230.72242 12.8078 9.25262 13.1920 9.53020 121.425760.70138 14.1920 9.9540014.6178 10.25262 13 1.468530.68095 15.6178 10.6349616.0863 10.95400 14 1.512590.66112 17.0863 11.2960717.5989 11.63496 15 |1.55797 |0.64186 | 18.5989 |11.93794 | 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 Rosie's Florist borrows $350,000 to be paid off in four years. The loan payments are semiannual with the first payment due in six months, and interest is at 6%, what is the amount of each payment
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