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hand written please On January 1, a company agrees to pay $15,000 in ten years. If the annual interest rate is 9%, determine how much
hand written please
On January 1, a company agrees to pay $15,000 in ten years. If the annual interest rate is 9%, determine how much cash the company can borrow with this agreement. (PV of \$1. FV of \$1. PVA Of \$1. and FVA of \$1) (Use appropriate factor(S) from the tables provided. Round "Table Factor" to A decimal places.)Step by Step Solution
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