Question: **I DONT have excel therefore I can not use a formula to solve these*** Present value with periodic rates. Cooley Landscaping needs to borrow $28,000
**I DONT have excel therefore I can not use a formula to solve these***
Present value with periodic rates. Cooley Landscaping needs to borrow $28,000 for a new front-end dirt loader. The bank is willing to loan the money at 10% interest for the next 8 years with annual, semiannual, quarterly, or monthly payments. What are the different payments that Cooley Landscaping could choose for these different payment plans
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