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4.2. SR 09-17-2001
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4.2. SR 09-17-2001
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1/21/2008 8:32:38 AM
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9/17/2001
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Year one: <br /> <br />$350,000.00 <br />x 8% <br /> <br />$ 28,000.00 <br /> <br />~ Principle reduction payment ~ 12 months = $70,000.00 <br /> <br />Year Two: <br /> <br />$280,000.00 <br />x 8% <br /> <br />$ 22,400.00 <br /> <br />- Principle reduction payment ~ 24 months = $70,000.00 <br /> <br />Year Three: <br /> <br />$210,000.00 <br />x 8% <br /> <br />$ 16,800.00 <br /> <br />- Principle reduction payment ~ 36 months = $70,000.00 <br /> <br />Year Four: <br /> <br />$140,000.00 <br />x 8% <br /> <br />$ 11,200.00 <br /> <br />- Principle reduction payment @ 48 months = $70,000.00 <br /> <br /> t~T¥. ~$AF, ET¥ <br /> <br />!9c)28 Industrial Blvd· Big Lake, MN 55309 * 763.2~2.6530 · Fax:763.2~2.6531 . 86(~.GET. MACH · machglass~aot.con',. <br /> <br /> <br />
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