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TB MC Qu. B-45 (Algo) What amount can be borrowed... What amount can be borrowed if seven semiannual payments of $5,000 are made at
TB MC Qu. B-45 (Algo) What amount can be borrowed... What amount can be borrowed if seven semiannual payments of $5,000 are made at an 8% annual rate of interest? (PV of $1, EV of $1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $32,200.00 $44,614,00 $38.811.25
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