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On January 1, 2015, a company agrees to pay $10,000 in ten years. If the annual interest rate is 2%. determine how much cash the

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On January 1, 2015, a company agrees to pay $10,000 in ten years. If the annual interest rate is 2%. 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 PV factor to 4 decimal places.) p (PV of a Single Amount) Amount Borrowed Future Value x

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