Question: 9 Please fill in exactly the same way as this form A Company borrowed money from a local bank. The note the company signed requires

9 Please fill in exactly the same way as this form Company borrowed money from a local bank. The note the company signed

A Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $19,000 beginning immediately. The interest rate on the note is 7%. What amount did the company borrow? Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and A company borrowed $140,000 from a local bank. The loan requires 14 equal annual payments beginning one year rom today. Assume an interest rate of 8%. What is the amount of each annual payment? Note: Use tables, Excel, or a financial calculator. Round your final answer to nearest whole dollar amount. (FV of $1, PV of $1,FVA of $1,PVA of $1, FVAD of $1 and PVAD of $1 ) A Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $19,000 beginning immediately. The interest rate on the note is 7%. What amount did the company borrow? Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and A company borrowed $140,000 from a local bank. The loan requires 14 equal annual payments beginning one year rom today. Assume an interest rate of 8%. What is the amount of each annual payment? Note: Use tables, Excel, or a financial calculator. Round your final answer to nearest whole dollar amount. (FV of $1, PV of $1,FVA of $1,PVA of $1, FVAD of $1 and PVAD of $1 )

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