Langara Woodcraft borrowed money to purchase equipment. The loan is repaid by making payments of...
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Accounting
Langara Woodcraft borrowed money to purchase equipment. The loan is repaid by making payments of $ at the end of every six months over eight years. If interest is compounded annually what was the original loan balance?
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The original loan balance was $
enter your response here.
Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.
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