Business
Business, 15.07.2020 14:01, miyahvictoria

On January 1 , a company borrowed $70000 cash by signing a 9% installment note that is to be repaid with 4 annual-end payment of $21607. While the amount borrowed equals $70000 , the total payment on this note amount to $86428. Explain

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On January 1 , a company borrowed $70000 cash by signing a 9% installment note that is to be repaid...

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