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please answer this now Company B has a P5M loan for a new security system it just bought. The annual payment is P444,000 and the
please answer this now
Company B has a P5M loan for a new security system it just bought. The annual payment is P444,000 and the interest rate is 8% per year for 30 years. Your company decides that it can afford to pay P500,000 per year. After how many payments (years) will the loan be paid offStep by Step Solution
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