Bridge amp co has to make a loan payment of 3937 at the end


Bridge & Co. has to make a loan payment of $3937 at the end of each year for 24 years. In present day dollars, how much will Bridge & Co. pay in total for the loan? Assume an interest rate of 2% compounded annually.

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Business Economics: Bridge amp co has to make a loan payment of 3937 at the end
Reference No:- TGS01181858

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