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Title: A manufacturing company borrows $100,000 with a promise to repay the loan with equal annual payments ... Post by: cloveb on Feb 7, 2017 A manufacturing company borrows $100,000 with a promise to repay the loan with equal annual payments over a 5-year period. At an interest rate of 12% per year, the annual payment will be closest to
A. $23,620 B. $27,740 C. $29,700 D. $31,800 Title: Re: A manufacturing company borrows $100,000 with a promise to repay the loan with equal annual ... Post by: bolbol on Feb 13, 2017 B
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