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QUESTION 5 A company borrowed $560,000 to finance an expansion. The interest rate for the loan is 6.5% per year. Under the loan agreement, the

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QUESTION 5 A company borrowed $560,000 to finance an expansion. The interest rate for the loan is 6.5% per year. Under the loan agreement, the company will pay $250,000 in years 2 and 3 with the remaining balance paid in year 4. How much is this payment in year ? $170,615 $182,773 $144,852 $132,623

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