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Your company Loans $250,000 from a Bank, interest at 5% Compounded Annually. The company agrees to pay it back by paying 6 Equal Annual Payments,
Your company Loans $250,000 from a Bank, interest at 5% Compounded Annually. The company agrees to pay it back by paying 6 Equal Annual Payments, the First being due at the end of 10 Years. What is the annual payment 608 APPENDIX C: COMPOUND INTEREST TABLES 5% Compound Interest Factors 5% Sinking Fund Factor Find A Given F A/F Uniform Payment Series Capital Compound Recovery Amount Factor Factor Find A Find F Given P Given A F/A Present Worth Factor Find P Given A P/A Arithmetic Gradient Gradient Gradient Uniform Present Series Worth Find A Find P Given G Given G A/G P/G n n A/P 1 2 3 4 5 Single Payment Compound Present Amount Worth Factor Factor Find F. Find P Given P Given F F/P P/F 1.050 .9524 1.102 .9070 1.158 .8638 1.216 .8227 1.276 .7835 1.340 1.407 .7107 1.477 .6768 1.551 .6416 1.629 .6139 1.000 2.050 3.152 4.310 5.526 0 0.488 0.967 1.439 1.902 1 2 3 4 5 1.0000 4878 .3172 .2320 .1810 . 1470 . 1228 .1047 .0907 .0795 1.0500 .5378 .3672 .2820 .2310 .1970 .1728 .1547 .1407 .1295 0.952 1.859 2.723 3.546 4.329 5.076 5.786 6.463 7.108 7.722 0 0.907 2.635 5.103 8.237 11.968 16.232 20.970 26.127 31.652 6 7 8 9 6.802 8.142 9.549 11.027 12.578 2.358 2.SOS 3.244 3.676 1.099 6 7 8 9 10 10
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