Exercise B-2(Algo) Present value of an amount LO P1 On January 1, a...
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Accounting
Exercise BAlgo Present value of an amount LO P
On January a company agrees to pay $ in ten years. If the annual interest rate is determine how much cash the company can borrow with this agreement. PV of $ of $ PVA of $ and FVA of $
Note: Use appropriate factors from the tables provided. Round "Table Factor" to decimal places.
tableFuture Value,,Table Factor,,Amount Borrowed
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