Business, 18.06.2021 01:00, manuellopez1981

On January 1, 2020, a company buys a piece of equipment costing $666,633 with a 14% installment note. The note will be paid off with 6 semiannual payments over three years (2 payments a year for 3 years). Each payment is $139,857. Required:
Prepare the installment note schedule

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On January 1, 2020, a company buys a piece of equipment costing $666,633 with a 14% installment note...