Business, 24.10.2019 01:00 mandilynn22

Acompany purchased equipment and signed a 6-year installment loan at 7% annual interest. the annual payments equal $11,100. 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 .6663. the present value of the loan is:

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Acompany purchased equipment and signed a 6-year installment loan at 7% annual interest. the annual...

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