A firm has borrowed $5,000,000 for 5 years at 10%per year
Chapter , Problem 3-11(choose chapter or problem)
A firm has borrowed $5,000,000 for 5 years at 10%per year compound interest. The firm will make nopayments until the loan is due, when it will pay offthe interest and principal in one lump sum. What isthe total payment?
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