Question: Firm A borrows $ 1 2 0 million today and promises to make equal annul payments over the next ten years to pay off the

Firm A borrows $120 million today and promises to make equal annul payments over the next ten years to pay off the loan at an interest rate of 10%.
What will be the amount of annual payment?
Firm A borrows $120 million today and promises to make equal

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