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Make per year at a discount rate

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Reference no: EM13292119

Find the payment you would need to make per year at a discount rate (interest rate that the bank charges you) from 0% to 50% (51 answers), if you borrow $5,000,000 ($5 million) today (PV) and pay it back in equal amounts over the next 30 years. Make a table and graph of your answers.

Reference no: EM13292119

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