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4. an organization has a loaned BD 820,000 to buy the needed machines. The loan holds an interest rate of 5% per year and is
4. an organization has a loaned BD 820,000 to buy the needed machines. The loan holds an interest rate of 5% per year and is to be returned in equal payments over the next seven years. calculate the amount of the annual installment. solve the problem showing cash flow, and final answer using a suitable formula. (10 POINTS)
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