Mathematics, 04.08.2019 09:20, chelly70

Acompany borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. the present value of an annuity factor for 6 years at 7% is 4.7665. the present value of a single sum factor for 6 years at 7% is 0.6663. the annual annuity payments equal:

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Acompany borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. the pre...