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the answer n the red box is what I got, but incorrect. Wingate Company borrowed $90,000 on January 2, 2017. This amount plus accrued interest
the answer n the red box is what I got, but incorrect.
Wingate Company borrowed $90,000 on January 2, 2017. This amount plus accrued interest of 6% compounded annually will be repaid at the end of 3 years. What amount will Wingate repay at the end of the third year? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g. 52.75)Step by Step Solution
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