Question: Question 4 1 pts This is the same information from the previous question: A company borrowed a certain amount of money at the beginning of
Question 4 1 pts This is the same information from the previous question: A company borrowed a certain amount of money at the beginning of the current year. The loan requires one payment, 2 years from the date of the original borrowing, which will include repayment of the initial amount plus all accrued interest. The interest rate stated in the loan document is 12%. Interest is compounded monthly. If you were provided with the amount that was to be repaid 2 years from now, but you weren't provided with the original amount borrowed, which present value table would you use to calculate the amount borrowed? Present Value of $1 Present Value of an ordinary annuity
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