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Sam? Hinds, a local? dentist, is going to remodel the dental reception area and add two new workstations. He has contacted? A-Dec, and the new equipment and cabinetry will cost ?$15,000. ? A-Dec will finance the equipment purchase at 9% for 8 years. What will Hinds have to pay in annual payments for this? equipment?
Question content area bottom
Part 1 What will Hinds have to pay in annual payments for this? equipment?
?$enter your response here
?(Round to the nearest? cent.)
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