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Mason Company acquired a building with a loan that requires payments of $24,000 every six months for 4 years. The annual interest rate on the
Mason Company acquired a building with a loan that requires payments of $24,000 every six months for 4 years. The annual interest rate on the loan is 10%. What is the present value of the building? (PV of $1. EV of $1, PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $94,505 $192,000 $155,117 $120.919 $76,078
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