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A COMPANY BORROWED CASH FROM THE BANK BY SIGNING A 6-YEAR, 9% INSTALLMENT NOTE. THE PRESENT VALUE FOR AN ANNUITY (SERIES OF PAYMENTS) AT 9

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A COMPANY BORROWED CASH FROM THE BANK BY SIGNING A 6-YEAR, 9% INSTALLMENT NOTE. THE PRESENT VALUE FOR AN ANNUITY (SERIES OF PAYMENTS) AT 9 % FOR 6 YEARS IS 4.4859. THE PRESENT VALUE OF 1 (SINGLE SUM) AT 9% FOR 6 YEARS IS 0.5963. EACH ANNUAL PAYMENT EQUALS $75,600. THE PRESENT VALUE OF THE NOTE IS:

A company borrowed from the bank by song you came the present for analysere for years the present of 3 ton $5.000 O O O

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