Photonics offered me a zero interest loan for $20,000 (total).
The note is due in 5 years. We must make monthly payments beginning today. A similar situation would bear an 8% compounding interest. No S.V.
** Remember, you must figure the actual cost of the Lab Equipment**
You will need to use a Financial Calc. which can be found online. This is an annuity due type loan. (payments made day one)
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