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What is the amount of each payment for sparky inc

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Reference no: EM132869431

Question 1: Sparky, Inc., performs services for ABC Company on January 1, 2020 and accepts a $364,161, 6%, six-year note from their client. The note requires ABC to make semi-annual loan payments of principal and interest each June 30th and December 31st with the first payment to be received on June 30, 2020. What is the amount of each payment?

Reference no: EM132869431

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