Question: how do i do this with a BA II PLUS calculator P5-5 (similar to) Question Help Present value with periodic rates Sam Hinds, a local
P5-5 (similar to) Question Help Present value with periodic rates 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. The purchase will be financed with an interest rate of 9.5% loan over 5 years What Will Sam have to pay for this equipment if the loan calls for semiannual payments (2 per year) and weekly payments (52 per yearyl Compare the annual cash outflow of the two payments Why does the weekly payment plan have less total cash outflow each year? What will sum have to pay for this equipment if the loan calls for semiannual payments (2 per yeary? $ (Round to the nearest cent)
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