Business, 08.04.2021 17:00, kquestion

On January 1, a company borrowed cash by issuing a $400,000, 8%, installment note to be paid in three equal payments at the end of each year beginning December 31. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) What would be the amount of each installment

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On January 1, a company borrowed cash by issuing a $400,000, 8%, installment note to be paid in thre...