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Business, 06.08.2021 20:20 mariaaalopezz

A company borrowed $50,000 cash from the bank and signed a six-year note at 7%. The present value factor for an annuity for six years at 7% is 4.7665. The annual annuity payments equal $10,490. The present value of the loan is:

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A company borrowed $50,000 cash from the bank and signed a six-year note at 7%. The present value fa...

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