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Canliss Mining Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $20,000 beginning immediately. The interest
Canliss Mining Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $20,000 beginning immediately. The interest rate on the note is 9%. E of $1 py of 1, EVA of $1 p of . EV D of $1 and PVD of $1) (Use appropriate factor(s) from the tables provided.) What amount did Canliss borrow? (Round your final answers to nearest whole dollar amount.) Table or calculator function: Payment n- Present Value
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