C corp borrowed money from xyz bank at 1153 interest for
C Corp borrowed money from XYZ Bank at 11.53% interest for nine years. The loan calls for annual payments of $9,846.38 beginning today. What is the amount of the loan?
a. $ 88,617.42
b. $ 59,573.43
c. $ 53, 414.71
d. $ 47,192.79
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c corp borrowed money from xyz bank at 1153 interest for nine years the loan calls for annual payments of 984638
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