A company must repay the bank a single payment of $33,000 cash in 6 years for a loan it entered into. The loan is at 7% interest compounded annually. The present value factor for 6 years at 7% is 6663. The present value of an annuity factor for 6 years at 7% is 4.7665. The present value of the loan (rounded) is: Multiple Choice o $21,988. o $33,000. o $29,301, o 56,923. o $157,295, Prev 12 or 50 Next