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On January 1, 2011, a company agrees to pay $20,000 in three years. If the annual interest rate is 10%, determine how much cash the
On January 1, 2011, a company agrees to pay $20,000 in three years. If the annual interest rate is 10%, determine how much cash the company can borrow with this agreement
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2 Principles Of Financial And Managerial Accounting
Authors: Pollard, Sherry T. Mills, Walter T. Harrison Jr.
0136009891, 978-0136009894
