Use the formula for the present value of an ordinary annuity or the amortization formula to solve
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Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV=$5,000 i=0.01 PMT=$300 n=?
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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