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A company borrowed cash from the bank by signing a 3-year, 6% installment note. The present value for an annuity (series of payments) at 6%

A company borrowed cash from the bank by signing a 3-year, 6% installment note. The present value for an annuity (series of payments) at 6% for 3 years is 2.6730. The present value of 1 (single sum) a...

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