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On January 1 2013 a company agrees to pay 30000 in six years If the annual interest rate is 7 determine how much cash the company can borrow with this agreement

On January 1, 2013, a company agrees to pay $30,000 in six years. If the annual interest rate is 7%, determine how much cash the company can borrow with this agreement. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to nearest whole dollar.)

 

Aug 29 2020 View more View Less

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