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QUESTION 1 If a company borrows $275,000 now at an interest rate of 10% per year up to year 5 and the rate changes to
QUESTION 1 If a company borrows $275,000 now at an interest rate of 10% per year up to year 5 and the rate changes to 8% per year from year 5 to year 10, estimate the equivalent uniform amount that the company has to pay every year to pay off the debt in 10 years. V
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