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Question 2: 4-69. A company borrowed $120.000 at an interest rate of 9% to be repaid over a period of six years. The loan will
Question 2: 4-69. A company borrowed $120.000 at an interest rate of 9% to be repaid over a period of six years. The loan will be repaid in installments according to the cash-flow diagram shown below (which also reflects the cash inflow of $120.000). What is the size of the last payment (X) required to pay off the loan? (4.10) $120.000 0 1 N 3 4 UI 6 $10.000 $20.000 $20.000 $20.000 $20.000 SX
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