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You are the manager of a fertility clinic and you need to purchase an Ultrasound...

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Accounting

You are the manager of a fertility clinic and you need to purchase an Ultrasound for the providers. The equipment's acquisition cost is $65,000. You have arranged financing with the bank for a 15 year loan at an 8% interest rate. What is your monthly payment? Select one: 633, 7594, 5200, 621

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