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Financing of Liquor Inventory System <br /> Example: Computer equipment allowable depreciation is 5 years. <br /> Interest Rate = 4.00% is equal to the amount earned on Money Market Savings Account <br /> Annual <br /> Year Principal Principal Interest Total <br /> 1997 $50,000.00 $10,000.00 $2,000.00 $12,000.00 <br /> 1998 $40,000.00 $10,000.00 $1,600.00 $11,600.00 <br /> 1999 $30,000.00 $10,000.00 $1,200.00 $11,200.00 <br /> 2000 $20,000.00 $10,000.00 $800.00 $10,800.00 . <br /> 2001 $10,000.00 $10,000.00 $400.00 $10,400.00 <br /> $50,000.00 $6,000.00 $56,000.00 <br /> 3 Year Escalated Repayment of Debt/Based on Liquor Profits Exceeding General Fund Transfer <br /> Annual <br /> Year Principal Principal Interest Total <br /> 1997 $501000.00 $10,000.00 $2,000.00 $12,000.00 <br /> 1998 $40,000.00 $10,000.00 $1,600.00 $11,600.00 <br /> 1999 . .$30,000.00 $30,000.00 $1,200.00 $31,200.00 <br /> $50,000.00 $4,800.00 $54,800.00 <br />