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You plan to borrow $389,000 now and repay it in 25 equal annual installments (payments will be made at the end of each year). If
- You plan to borrow $389,000 now and repay it in 25 equal annual installments (payments will be made at the end of each year). If the annual interest rate is 9%, how much will your annual payments be?
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Financial Management In Construction Contracting
Authors: Andrew Ross, Peter Williams
1st Edition
1405125063, 9781405125062
