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Present value with periodic rates. Cooley Landscaping needs to borrow ?$26,000 for a new? front-end dirt loader. The bank is willing to loan the money at 8?% interest for the next 5 years with annual?, semiannual?, quarterly?, or monthly payments. What are the different payments that Cooley Landscaping could choose for these different payment? plans?

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Financial Management, Finance

Category:- Financial Management
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