A concern borrows 50000 at an annual effective
A concern borrows $50,000 at an annual, effective, compound-interest rate of 10 percent. The concern wishes to pay off the debt in 5 years by making equal payments at the end of each year. How much will each payment have to be?
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a concern borrows 50000 at an annual effective compound-interest rate of 10 percent the concern wishes to pay off the
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