A business borrows 297268 for 12 years at an annual rate of, Ask an Expert

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A business borrows $297,268 for 12 years at an annual rate of interest of 7.4%. If payments are annual and the loan will negatively amortize by $45,318, what will be the annual payment required? Put your answer in as a positive number.

What is the present value of a perpetuity making quarterly payments in arrears in the amount of $9,102 per quarter, and the appropriate annual rate of interest is 10.8%?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91417579

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