do assignments using excel and manually if possibly A student plans to open a business with the courage to borrow $1740,11 and will return the same amount every year for 5 years. If the loan interest from (Small Business Credit) is 6%/year. How much is the student's installment/year?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA3: Time Value Of Money
Section: Chapter Questions
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do assignments using excel and manually if possibly A student plans to open a business with the courage to borrow $1740,11 and will return the same amount every year for 5 years. If the loan interest from (Small Business Credit) is 6%/year. How much is the student's installment/year?
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