Question: Violet buys a $ 1 4 0 , 0 0 0 jar company in 2 0 0 5 ( January 2 n d ) by

Violet buys a $140,000 jar company in 2005(January 2nd) by financing the entire purchase with a loan that she pays 6.4%? year compounded monthly for 20 years. If she sells the company in 2019(January 2nd) for $300,000, then what would be her equity? How much total interest would Violet pay for the loan?
What should be the size of Chinchilla's biweekly deposits in order to accumulate $74,000 in an account that pays 4.87%? year interest for 13 years? How much interest will she earn? (Consider a 50-week year)
Violet buys a $ 1 4 0 , 0 0 0 jar company in 2 0

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