Question: kindly answer exactly otherwise question will be wrong Josef Company borrowed money that must be repaid in 10 years. The company wants to make sure
Josef Company borrowed money that must be repaid in 10 years. The company wants to make sure the loan will be repaid at the end of year 10 . So it invests $13,300 at the end of each year at 9% interest compounded annually. What was the amount of the original Ioan? (Use Table 131.) Note: Do not round intermediate calculations. Round your answer to the nearest cent
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