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Business, 23.06.2020 23:01 Dweath50

On January 2, 2020, Bridgeport Company borrowed $174,000 from Lyon Country Bank. The terms of the loan agreement specified 4 equal annual payments at 4% annual interest. Compute the amount of each of these payments, assuming they begin on December 31, 2020.

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On January 2, 2020, Bridgeport Company borrowed $174,000 from Lyon Country Bank. The terms of the lo...
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