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1) A business borrows $325,914 for 8 years at an annual rate of interest of 6.1%. If payments are annual and the loan will negatively amortize by $30,539, what will be the annual payment required?

2) What is the present value of a perpetuity making quarterly payments in arrears in the amount of $10,966 per quarter, and the appropriate annual rate of interest is 12.1%?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91261011

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