Question: please use the Excel sheet given the formula needs to be a PV pank. The note the company signed requires five annual installment payments of


pank. The note the company signed requires five annual installment payments of st rate on the note is 9%. What amount did the company borrow? do any additional work you need to solve this question or can be used to show your work. A company borrowed money from a local bank. The note the company signed requires five annual installment payments of $30,000 beginning immediately. The interest rate on the note is 9%. Required: What amount did the company borrow? Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect
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