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Russell Company has acquired a building with a loan that requires payments of $27000 every six months for 4 years. The annual interest rate on

Russell Company has acquired a building with a loan that requires payments of $27000 every six months for 4 years. The annual interest rate on the loan is 10%. What is the present value of the building? (PV of S1 FV of $1 PVA. S1 and EVA of $.1 (Use appropriate factor(s) from the tables provided.) Multiple Choice $140,308 $174,506 $216.000 $113.894 585,587

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