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A company borrowed 41,800 cash from the bank and signed a 3 year note at 8% annual interest the present value of an annuity factor

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A company borrowed 41,800 cash from the bank and signed a 3 year note at 8% annual interest the present value of an annuity factor for 3 years at ans 2 a single sum factor or 3 years at 8% is 7938 The annual annuity payments equat nnhe present eate a Multiple Choice $33180.84 6,21978 $41,80000 52,6581o 107,722 78

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