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A company borrows $50,000 by signing a $50,000, 8% note that requires six equal payments of Blank 1 (round to the nearest dollar) at the
A company borrows $50,000 by signing a $50,000, 8% note that requires six equal payments of Blank 1 (round to the nearest dollar) at the end of each year. (The present value of an annuity of six annual payments, discounted at 8% equals 4.6229.)
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