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The XYZ Company loaned some money to one of its vendors so the vendor could upgrade its supply chain. In return, the vendor has agreed
The XYZ Company loaned some money to one of its vendors so the vendor could upgrade its supply chain. In return, the vendor has agreed to pay XYZ $44753 a year, with the first payment occurring at the end of year 6.The vendor will make a total of 12 payments to XYZ (one per year), what is the annual worth of this loan? Use a MARR of 9% to make the calculation. Hint: Count the years carefully. Calculate the annual worth for the entire cash flow (from year 0 to the year of the last payment). Enter your answer as follows: 12345 Round your answer. Do not use a dollar sign "$"), any commas), or a decimal point
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