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10 Your company is considering purchasing a loan. This loan makes annual payments of $220 a year for 9 years. At the end of year

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10 Your company is considering purchasing a loan. This loan makes annual payments of $220 a year for 9 years. At the end of year 10 the payments rise to $320 per year for an additional 10 years. If interest rates are 9.57% per year compounded annually, the present value of the loan is: Place your answer in this cell => Please be sure your answer is positive

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