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Question 1 5 pts On January 1, 2020, a company borrowed 4,000,000.00 from a bank at the rate of 11% a year. The loan is

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Question 1 5 pts On January 1, 2020, a company borrowed 4,000,000.00 from a bank at the rate of 11% a year. The loan is paid at the rate of P 500,000.00 at the beginning of every quarter until the full payment is paid. How much is the total payment to be made for the first periodic payment

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