The present value of an annuity at 8 for 5 years is 39927
Question - A company borrowed $300,000 csh from the bank by signing a 5-year, 8% installment note. The present value of an annuity at 8% for 5 years is 3.9927. Each annuity payment equals $75,137. Calculate the present value of the note.
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question - a company borrowed 300000 csh from the bank by signing a 5-year 8 installment note the present value of an
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