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Crowe Company has acquired a building with a loan that requires payments of $20,000 every six months for 5 years. The annual interest rate on

Crowe Company has acquired a building with a loan that requires payments of $20,000 every six months for 5 years. The annual interest rate on the loan is 12%. What is the present value of the building? A) $72,096 B) $113,004 C) $147,202 D) $86,590 E) $200,000

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