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Business, 13.07.2019 00:20 davidheredia9

Acompany borrowed cash from the bank by signing a 5-year, 8% installment note. the present value of an annuity factor at 8% for 5 years is 3.9927. the present value of a single sum at 8% for 5 years is .6806. each annual payment equals $75,000. the present value of the note is:

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Acompany borrowed cash from the bank by signing a 5-year, 8% installment note. the present value of...

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