Big brothers inc borrows 149623 from the bank at 835


Big Brothers Inc, borrows 149,623 from the bank at 8.35% compounded annually. This loan is to be repaid in equal annual installments at the end of each year over the next 9 years, How much will the annual payment be?

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Financial Management: Big brothers inc borrows 149623 from the bank at 835
Reference No:- TGS02241084

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