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Lang Warehouses borrowed 5157000 from a bank and signed a note requiring 2 annual payments of $85.034 beginning one year from the date of the
Lang Warehouses borrowed 5157000 from a bank and signed a note requiring 2 annual payments of $85.034 beginning one year from the date of the agreement. SS. PRESSEVASS. BASIS. VAD 3 and VAD EIUse appropriate factors) from the tables provided) Required: Cermine the interesa te implicit in this agreement (Do not round intermediate calculations. Round interest rate to 1 decimal place) Set for
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