× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
t
7
m
6
k
6
F
5
j
5
t
5
j
5
G
5
f
5
a
5
d
5
c
5
New Topic  
cloveb cloveb
wrote...
Valued Member
Posts: 782
7 years ago
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
Read 215 times
1 Reply

Related Topics

Replies
wrote...
Staff Member
7 years ago
B
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1036 People Browsing
Related Images
  
 356
  
 283
  
 456
Your Opinion
What's your favorite coffee beverage?
Votes: 299